Almost 9 million graduates are entering the job market this year at a time of great uncertainty. FMTNews China
People wearing face masks wait at an intersection in the central business district in Beijing on Friday.
The world’s second-largest economy may have rebounded sharply from a historic virus-induced contraction, but its young graduate jobless rate in June was more than three times that for urban unemployment. “I have applied to seven or eight private schools, but only one has called me back for an interview,” she told AFP at the fair.“I’m especially worried about my finances.”
Louis Kuijs of Oxford Economics told AFP there is no doubt China is recovering, but the magnitude would determine if growth is “strong enough to re-absorb some of the labour market problems” that emerged earlier this year, such as layoffs. He decided to return to Zhengzhou, but has only received around five callbacks after sending more than 30 resumes to firms – and is still looking for a job.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple vendor looking to shift production lines from China to IndiaThe establishment of the facility will create about 55,000 jobs over a year or so. FMTNews Apple
Read more »
China sends team to Hong Kong to do widespread coronavirus testingHONG KONG, Aug 2 (Reuters): Seven Chinese health officials were due to arrive in Hong Kong on Sunday, the first members of a 60-person team that will carry out widespread testing for Covid-19 in the territory as the global financial hub races to halt a third wave of illness.
Read more »
China embassy condemns Germany's suspension of extradition treaty with HKEmbassy says suspension violates international law and 'interferes with China's internal affairs'. FMTNews
Read more »
Putrajaya rebukes Beijing over South China Sea claim, says reportMalaysia says it had the right to seek establishment of its continental shelf in the northern part of the waters of the South China Sea. FMTNews SouthChinaSea
Read more »
Hong Kong postpones elections over virus as China crackdown deepens | Malay MailHONG KONG, July 31 — Hong Kong’s democracy supporters were dealt a huge blow today as authorities postponed local elections for a year because of the coronavirus, capping a devastating month of political disqualifications, arrests for social media posts and activists fleeing overseas. The...
Read more »
Italy travel linked to one in four first virus cases outside China, says study | Malay MailPARIS, July 31 — People who had visited Italy accounted for more than a quarter of the first reported cases of the new coronavirus outside China, according to a new study that found most initial infections were linked to just three countries. Researchers from the US Centers for Disease Control...
Read more »