China's surge of college graduates finds white-collar work elusive

A heavily blue-collar economy and the global financial crisis have made it tough for graduates, whose numbers have risen sharply.

Students from Guangdong Province, China's wealthiest region, are so desperate for work they're applying for jobs as nannies – and getting rejected, a local paper reported last month. Full Story »

Posted by Derek Hawkins

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Kenneth Sibbett
4.1
by Kenneth Sibbett - Feb. 4, 2009

With one billion or so Chinese who mostly export, especially in this global recession, the author points out the reality of capitalism. If the Chinese would open up their society and not have their cake and eat it too, maybe the job market would turn around.

While American companies export our jobs to China, and other nations with cheap labor costs, Maybe the college graduates can feel some of our pain.

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Kenneth's Rating

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