11.79 million college graduates flood into job market in July! Unemployed right after graduation?

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According to China’s Ministry of Education, there will be 11.79 million fresh university graduates in 2024, an increase of 210,000 compared to 2023. How big is 11.79 million people? It’s the equivalent of Sweden’s entire population. The number is a record high, and it’s 5 million more than 14 years ago. So many graduates will swarm into the job market this July yet China’s job market already has a 20 % youth unemployment rate…

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