U.S. Grads Head to China to Jump-Start Their Careers
Marissa Brassfield — August 15, 2009 — Life-Stages
References: nytimes
According to the New York Times, some U.S. grads are beating the recession by taking jobs in China. In some states, like California, where 11.6% unemployed, heading abroad is the only solid option that emerges from a cloud of uncertainty.
The New York Times also reports that China's GDP rose 7.9% last quarter over the same period in 2008. Coupled with an urban unemployment rate of 4.3%, it's no wonder more and more U.S. grads are heading to China to take their chances. Check out the full NYT article below.
The New York Times also reports that China's GDP rose 7.9% last quarter over the same period in 2008. Coupled with an urban unemployment rate of 4.3%, it's no wonder more and more U.S. grads are heading to China to take their chances. Check out the full NYT article below.
Trend Themes
1. U.S. Grads in China - Opportunity for American graduates to find employment and gain international experience in China during times of economic recession.
2. Job Migration - Increasing number of U.S. graduates relocating to countries like China to find employment opportunities and escape high unemployment rates at home.
3. Global Career Flexibility - Rise in mobility and willingness of American graduates to adapt and work in different countries, such as China, to enhance their career prospects.
Industry Implications
1. Education - Opportunities for educational institutions and agencies to develop programs that prepare American graduates for international job markets, particularly in China.
2. International Business - Growth potential for companies specializing in relocating and assisting American graduates in finding job opportunities and navigating the business landscape in China.
3. Global Recruitment - Emerging market for recruitment agencies targeting American graduates seeking employment in China, providing services such as job placement and cultural integration support.
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