Economic downturn makes job seekers lower expectations
Some visitors to a national job fair said on November 18 that layoffs and a shrinking job market have forced fresh graduates to lower their expectations of finding good jobs.
Organized by the Ministry of Human Resources and social security, the job fair began last Sunday, offering information on more than 520,000 vacancies for graduates, will travel to several major cities for two weeks.
Luo Fengming is majored in computer science and technology from the Beijing Institute of Technology and he will graduate next year. He has already realized the difficulty of finding proper employment, “The deteriorating economic environment has forced me to lower my expected monthly salary from 4,000 yuan ($588) to 2,000 yuan,” he said.
Although having submitted over 50 resumes to different companies and taken dozens of written exams in the past two months, he has never met with success yet.
Some job seekers are more confident of finding a job successfully, but they also have lowered their expectations. As Dong Fangzhao, a postgraduate in English from Beijing Jiaotong University said, she knew she would find a job finally because of her advantageous master’s degree, but she wouldn’t expect a high salary.
According to Meng Xianghong, an official of the ministry’s National Centre fro Human Resources, about 6.1 million students will graduate from universities and colleges and will find jobs together with some 8,000 graduates of this year. He said, the ministry will encourage graduates to start their own business and guide those who have such intentions. Besides, they will also assist the job-hunters building confidence in finding jobs and set up a database of unemployed graduates.
However, there is still some good news amid such terrible economic environment. Many domestic enterprises are not following suits of some famous companies slashing jobs; instead, some even hire more staff.
As a Beijing-based early education organization, Red Yellow Blue Education Institution (RYBEI) will recruit about 1,000 graduates in 2009, which is twice as much as this year, because it plans to open 70 kindergartens around the country. Zhong Manwei, who is in charge of RYBEI’s human resources department said there was no obvious impact of economic downturn on them till now.
HR official of Beijing DHC Digital Technology Corporation Zhao Zhen said the company would recruit more graduates than last year at the national job fair when it comes to Beijing.
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