Students flog CVs in flagging market

SHANGHAI: In an unfortunate reversal of fortune, more than 70 percent of upcoming graduates have yet to secure a job.

"Normally about 70 percent of graduates have job offers in March, but now the situation is completely upside down," Wu Xiaohui, senior campus recruitment consultant with Shanghai Foreign Service Co Ltd (SFSC), told China Daily yesterday.

According to SFSC's report, two-thirds of students have sent out more than 30 resumes since last autumn, with one frenzied student even sending out 600 copies to recruiters, Wu said. "The financial turmoil is forcing us to take advantage of every possibility to find a job because many companies have stopped recruiting," said Xiao Qin, 22, a student from Shanghai International Studies University.