Business / Economy

Recent graduates lower expectations in tight job market

By Fan Feifei (China Daily) Updated: 2014-07-03 03:05

Recent graduates lower expectations in tight job market

A college graduate looks at a job listing during a job fair on June 7 in Hangzhou, capital of Zhejiang province. The fair was exclusively for 2014 college graduates. HU YUANYONG / FOR CHINA DAILY

Chinese graduates are experiencing less pressure to find work, in part by adopting a more realistic approach to an increasingly tight job market, according to a new employment report.

The employment pressure on the graduates fell significantly this year from that of 2013, according to the report released by the Beijing Youth Stress Management Service Center.

The report was based on a study of 8,193 university students across the nation in May.

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The number of college graduates will reach a record 7.27 million this year, up from 6.99 million in 2013, according to the Ministry of Education.

The pressure of finding work among job seekers peaked in 2013 but fell this year, according to the report.

"Higher job expectations often bring about greater employment pressure, but reasonable and tempered expectations would lower the pressure," said Xiong Hanzhong, the director of the center.

Xiong said that graduates have adjusted their job expectations after one of the most difficult employment seasons last year.

"They are more rational and practical, and they have reasonable demands for salary, workplace and position," he said.

Xiong added that "reasonable and reduced" salary expectations might be one of the main reasons behind the lower employment pressure.

The government has also been paying much attention to employment this year, putting forward many measures and bringing many job opportunities to graduates, so their employment stress might be reduced because of that as well, he said.

Li Ang, deputy director of the stress management center and a psychologist, said graduates' employment stress comes mainly from their families, but that greater understanding and support from their parents have also contributed to the lower pressure.

Meanwhile, expected monthly salaries hit a high of 5,537 yuan ($892) in 2011, but the figures have been falling ever since — to 4,592 yuan in 2012, 3,683 yuan in 2013, and 3,680 yuan, a record low, this year, industry figures showed.

Recent graduates lower expectations in tight job market

Recent graduates lower expectations in tight job market

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