Survey Shows Brighter View for Graduate Employment
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Transtlate More Chinese college graduates are finding jobs, with the employment rate back to the pre-crisis level and a significant rise in salaries, a survey shows.
The employment rate of college graduates has risen over the last two years to 89.6 percent in 2010, about 2 percentage points higher than that in 2007, according to a recent survey by education research company MyCOS Institute.
Some 227,000 college graduates were interviewed for the survey six months after they graduated last year.
It revealed that 91.2 percent of university graduates and 88.1 percent of graduates from junior colleges and higher vocational schools found jobs within six months of graduation.
Meanwhile, college graduates' average monthly starting salary was 2,479 yuan ($381.40) in 2010, 349 yuan higher than in 2009, MyCOS said, attributing the rise to higher demand for skilled workers.
The survey also covered some 109,500 employees who graduated from college in 2007. Their average monthly income had reached 4,388 yuan, more than double what they earned three years ago when first interviewed by MyCOS.
China's eastern and costal regions were still the most attractive places to work for college graduates, with Beijing, Shanghai and Guangzhou as the most appealing cities, according to the latest survey.
About 60 percent of the interviewees who graduated last year thought their jobs did not match their expectations.
Some 36 percent of these graduates regarded their positions as "inconsistent" with their career plan, while 22 percent of them said the work failed to match their interests.
Jobs not matching career plans was a main reason why 34 percent of these graduates left their positions within six months of graduation.
More graduates are starting their own businesses after graduation, with 1.5 percent of graduates becoming self-employed in 2010, with most of the graduates' start-up funding came from parents, relatives, friends and personal savings, it found.
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