Graduates increasingly delay search for work
Shen Yu recently resigned from the kindergarten where she worked for two months, waving goodbye to her first job after graduating from university last year and knowing she would suffer setbacks looking for a job again.
"The 3,000 yuan ($471) monthly salary didn't pay me back for my years of study, and I didn't get a sense of belonging from the job," said the 23-year-old Shanghai native, who has a bachelor's degree in financial management.
Shen is among the roughly 8 percent - or 600,000 - of last year's college graduates who have failed to find a job. Apart from some who opted to study abroad, the rest were postponing a job, according to the 2015 annual report on Chinese college graduates' employment released by MyCOS, an education data and consulting company. The data was collected in the second half of last year.