Quotulatiousness

November 27, 2011

China to address the surplus of unemployable university graduates

Filed under: Bureaucracy, China, Education, Government — Tags: , — Nicholas @ 11:47

No, not the old fashioned way of “re-education”, but by reviewing the university programs and eliminating the ones that produce the largest number of graduates who cannot find jobs:

Much like the U.S., China is aiming to address a problematic demographic that has recently emerged: a generation of jobless graduates. China’s solution to that problem, however, has some in the country scratching their heads.

China’s Ministry of Education announced this week plans to phase out majors producing unemployable graduates, according to state-run media Xinhua. The government will soon start evaluating college majors by their employment rates, downsizing or cutting those studies in which less than 60% of graduates fail for two consecutive years to find work.

The move is meant to solve a problem that has surfaced as the number of China’s university educated have jumped to 8,930 people per every 100,000 in 2010, up nearly 150% from 2000, according to China’s 2010 Census. The surge of college grads, while an accomplishment for the country, has contributed to an overflow of workers whose skillsets don’t match with the needs of the export-led, manufacturing-based economy.

2 Comments

  1. I would think that the mindless “Occupy” folks would be cheering this fine example of central planning. In fact, I may just send an email to my provincial education minister and recommend they look into a similar program of de-funding useless degrees, and having the person pay the whole freight themselves instead of allowing for government subsidy of unemployable occupiers. 🙂

    Comment by Dwayne — November 27, 2011 @ 14:08

  2. Is “re-education” a euphemism for organ harvesting?

    If not, it should be.

    Comment by Lickmuffin — November 28, 2011 @ 13:44

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress