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July 04, 2010
Tuned to a dead channel
China reaches a developmental landmark: A generation of over-qualified, under-employed white collar workers.
Photo essay at the link.
The number of college graduates in China is growing far faster than the number of white-collar jobs in major cities like Beijing and Shanghai. Young people who thought higher education would lead to high-paying jobs and chic apartments are instead cramming by the tens-of-thousands into slums near the IT districts where they seek jobs in computing and programming. The new aspiring professionals are known as "ants" because of both their eagerness to work and a willingness to cram together in poor living conditions.
Also: More on the ant tribe at People's Daily Online.
Posted by Ghost of a flea at July 4, 2010 08:27 AM