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Downturn makes job seekers lower outlook
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About 6.1 million students will graduate from universities and colleges next year and will join some 800,000 of this year's graduates to look for jobs, said Meng Xianghong, an official of the ministry's National Center for Human Resources.

Besides organizing job fairs, the ministry will encourage graduates to start their own businesses, and guide those who decide to do so, he said.

"To build confidence among university graduates, we will provide them counseling on job-hunting and set up a database of unemployed graduates," Meng said.

The center's figures show employers at the national job fair are targeting majors in 10 subjects such as business management, electronics and information, economics, mechanics and foreign language.

There is some good news, too. When famous companies such as Citigroup and Motorola are slashing jobs, many domestic enterprises are shrugging off the economic downturn, with some even hiring more staff.

Red Yellow Blue Education Institution (RYBEI), a Beijing-based early education organization, said it needed about 1,000 graduates in 2009, twice as much as this year, because it plans to open 70 kindergartens around the country.

"The global economic downturn has had no obvious impact on us till now. But I think it could affect us in the future," said Zhong Manwei, in charge of RYBEI's human resources department.

Zhao Zhen, HR official of Beijing DHC Digital Technology Corporation, too, said the company would recruit more graduates than last year at the national job fair when it travels to Beijing next week.

(China Daily November 19, 2008)

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