China's Graduate Job Market: The Impact of the 2008 Recession

The global economic recession in 2008 led to a significant decline in the employment market for new graduates in China. The 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 increase in university enrollment rates and education institutions. Although the number of university students has increased, their quality has not significantly improved.