
As the economic situation get worse and worse all over the world, almost every industry received a big blow, for instance, insurance, real estate ,foreign trade, logistics, etc. Job-hunting is no exception. we can easily witness the bad situation which caused by the worldwide financial crisis.
The number of graduates from university and colleage growing fastly, but job market shrinking fastly recently, which form the contradiction. Layoffs and a shrinking job market have forced fresh graduates to lower their expectations of finding good jobs,they try to find a job even with low salary.
The number of graduates from university and colleage growing fastly, but job market shrinking fastly recently, which form the contradiction. Layoffs and a shrinking job market have forced fresh graduates to lower their expectations of finding good jobs,they try to find a job even with low salary.
The main reason are as following:
The collapse of many small- and medium-sized enterprises because of the financial crisis has made graduates' job of finding employment more difficult, which cause the job vacancy become little and little.
The other factor making the job market more competitive is the return (and likely return) of a large number of students studying abroad because of the global financial crisis
It is really terrible.