A blue paper published on May 13 shows the graduation and employment status of Chinese students in 2013. Last year, the number of graduate students reached a record high of nearly seven million.
The initial employment rate for postgraduate students stood at over 85 percent. Employment rate for diploma holders was almost 80 percent, while the rate for undergraduate students was surprisingly low at less than 70 percent.
When it comes to salary, PHd graduates gets an average starting salary at almost 9,000 yuan ($1,500), while college graduates and diploma holders earn around 3,000 yuan and 2,000 yuan respectively.
The top five factors for students to consider when choosing a job are development prospects, skill relevance, welfare benefits, job stability and salary. (CNTV.cn May 14, 2014) |