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Journalism & Communication
Pages 6 (1506 words)
Name Task Tutor Date Graduate Unemployment in the People’s Republic of China The forces of globalization and the rapid changes of the economic reforms in the People’s Republic of China has lead to the government policies to downsize state owned enterprises and change the government’s attention to support a competitive labor market.
This has lead to the turn of events among the citizens of the country whereby the workers have been laid off from their duties in various state owned companies. The presence of unemployment in the People’s Republic of China has led brought about the growth of personal challenges for unemployed workers and human resource policy challenges for the government. The unemployed population must find a way to cope up with the sudden change of their livelihood by searching for a similar means of making a living. In this paper, will focus on how college graduates deal with unemployment and how crime and corruption, along with social stability and mobility play a role in the PRC today. Furthermore, a detailed explanation of how unemployment creates serious problems with access to housing, education, and basic social services in the People’s Republic of China (Latham, 1-35). The employment situation in China for new college and university graduates seems to be unusual compared to the present working group. The presence of the graduate unemployment crisis in China portrays the possibility of the wasteful investment of scarce resources. This is due to the factor that plenty of capital has been invested in educating unemployed graduates, which could or else have been invested in job-creating productive programs in the country. ...
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