- Graduation season in China is marked by increasing trepidation about the future as record numbers of graduates face a saturated job market.
- This year saw 12.7 million college graduates, with intense competition and a lack of vacancies, especially for jobs offering weekends off and proper social insurance.
- Youth unemployment in China stands at 15.6% (16-24 age group), driven by a mismatch between graduates' skills and market demands, exacerbated by AI automation.
- Universities are rapidly culling humanities and arts degrees while adding programs in high-tech fields, reflecting a shift toward AI- and tech-focused education.