The year 2011 was once dubbed the hardest year for job-hunting, with a record number of 6.3 million graduates leaving campuses across China. So what do you call 2013, with its nearly 7 million graduates entering the job market? It looks tough.
    April is considered the final phase of job-hunting for the majority of college seniors. But according to a recent report by Guangdong’s provincial education bureau, only 30 percent of graduates have signed an employment contract, reported Nanfang Daily.
  “Due to the global recession, demand for graduates remains weak as industries that rely on exports have been hit by reduced foreign consumption. Campus talks have decreased by 10 percent this year,” said Luo. “The other reason is the oversupply of graduates, nearly 7 million nationwide.”
    A trend of training those already employed to develop new skills is emerging among employers, which is also squeezing the chances of fresh graduates.
  “When the economy is good, companies have the time and resources to train new hands,” said Xu. “But when they need to tighten their budgets, they want people who can do things straight away.”Another downside is that students always want a better deal.