New govt measures help graduates find work

The central government plans a series of new measures to promote employment by encouraging college graduates to starting businesses and accept flexible positions.

The State Council recently released a notice outlining support on tax deductions and financial allowances for small and medium-sized companies to encourage the creation of more job opportunities for graduates.

State-owned enterprises have also been asked to create more vacancies for graduates, who are facing increasing difficulties in finding work as a record 10.76 million are due to enter the job market this year.

According to the notice, 30 percent of government-funded incubators for startups will be open to graduates for free. Supporting policies regarding interest subsidies and tax deductions will be accorded to young entrepreneurs.

The government will also give graduates who are unable to find full-time work, but who are flexibly employed two years after leaving college, a social insurance allowance.

The notice added that prejudice against gender, age and educational background will not be tolerated to create a fairer working environment.

Any illegal behavior preventing graduates from finding work, including publicizing incorrect job information, selling resumes or defaulting on probationary wages, will be punished.