Tuesday, May 4, 2010

China Job Squeeze Sends 'Ants' to Fringes




UD just celebrated graduation weekend, as about 1100 students received their diplomas on Sunday. Meanwhile, in China, 6.3 million students will graduate this year and hit the job market. Although the economy is healthy, the sheer number of graduates hitting the job market at the same time causes underemployment for this population, leading them to establish tenements outside of major cities. A UIBE professor calls these graduates "ants" for their hard working nature and harsh living conditions, and a song has been composed about them.

China Job Squeeze Sends 'Ants' to Fringes - WSJ.com

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