I wasn’t invited to give a graduation speech this spring. Still, I was prepared, and since a good speech is a terrible thing to waste, I offer it to you now. Ladies and gentlemen of the Class of 2023: You did it. You worked hard, and you stuck it out even when you wanted to…
Business Closures in China Make Finding a Job Difficult for New College Grads
May 19, 2023
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Employment prospects are dim for China’s college graduates amid an economic slowdown. While the number of graduates entering the job market has significantly increased, small- and medium-sized enterprises—the primary employers of new graduates—have suffered mass closures due to the Chinese Communist Party’s (CCP) three-year “zero-COVID” policy. Consequently, graduates are under unprecedented pressure to find work….
Paycheck 101: A College Grad’s Guide for How to Manage a Paycheck
There you are, a college graduate with your newly minted degree in one hand and a new job in the other — or the confidence that you will have one soon. For years you’ve waited for a real job with a real paycheck to get a decent car, apartment and respectable wardrobe. After all, these…
Congratulations, Grad! Now, Look Out for These Personal Finance Mistakes.
June 13, 2022
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Now that you have successfully become a college graduate and are looking to move on, there are some things you need to know about personal finances. The more you know, the more you can avoid mistakes and losing money. Being able to handle money well is one of the most important things you can do….
‘Graduates Can Pay to Get Work’: Suggestion to Tackle China’s High Unemployment Rate Triggers Outrage
June 9, 2022
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Asia & PacificChinaChina Business & Economychina unemploymentcollege graduatesinternshipSocial IssuesWorldYouth unemployment
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A well-known IT professional in China recently suggested on social media that job applicants could pay employers to get work, and address the nation’s youth unemployment issue. The suggestion attracted significant attention and criticism, as similar practices already exist in China’s IT industry— where graduates pay companies off the books to intern. The IT professional,…
China’s Youth Unemployment Rate Hits Record-High, While College Grads are Record Breaking 10 Million in 2022
June 2, 2022
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China recently reported its highest youth unemployment rate to date. However, the number of college graduates is also reaching a record high this year. These elements, coupled with an economic decline caused by the communist regime’s COVID-19 lockdowns, are making the unemployment issue especially acute. According to data published by the authorities in mid-May, the…
College Graduate Starting Salaries at All-Time High Despite Pandemic: Report
September 2, 2021
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College graduate starting salaries are at an all-time high despite the global pandemic, according to a recent report from the National Association of Colleges and Employers (NACE). Overall, the average starting salary for the college class of 2020 was $55,260, 2 percent higher than the starting salary of $53,889 for the class of 2019, according to…
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