外刊总结_2020.5.2经济学人_毕业即失业

The article discusses the challenging job market that graduates in China are facing due to the economic impact of the COVID-19 pandemic. With the urban jobless rate at a record high and small- and medium-sized enterprises hit hardest by the pandemic, graduates who will enter the workforce amid bleak job prospects, as companies consider layoffs and hiring freezes. Official figures mask the scale of the problem, and urban unemployment could reach 10% this year. The article highlights the concerns of the Chinese leadership over graduate unemployment and the threat it poses to social stability. State-owned companies are being directed to boost their recruitment of graduates, and the government has promised more openings in the civil service and the army. Graduates are also increasingly seeking jobs with links to the government in search of stability. However, the competition for graduate jobs has become cut-throat, with many graduates facing fierce competition for even the most prestigious positions.