China's Job Market Struggles: 2008 Recession and Graduate Surplus

The global economic recession in 2008 led to a significant decline in the job market for new graduates in China. In 2009, graduates will join the 3 million students who graduated in 2008 and are still looking for work. The surplus of graduates can also be attributed to the increased enrollment rate and the increase in educational institutions. Although the number of university students has increased, their quality has not significantly improved.