HONG KONG, June 1 Reuters China39;s Henan province has unveiled a 100day plan to dynamically clear youth unemployment as concern grows over record levels of joblessness among young adults, with millions more students due to graduate this year.
The plan, to take place in colleges and universities from May to August, includes the promotion of jobs in public institutions and stateowned enterprises, second degrees and grassroots or rural employment projects.
The goal is to ensure zerodynamic clearing for longterm unemployment and the smooth employment of college graduates, the provincial Department of Education said in a social media post this week.
During the 100day sprint, all colleges and universities should focus on finding out the number of graduates from key groups who are hindered in job hunting and unemployed … and provide them with oneonone guidance, training and job delivery, the department said.
Henan is China39;s third most populous province with nearly 100 million people.
At the national level, youth employment hit a record 20.4 in April as educated youngsters compete for jobs in what remains one of the world39;s fastest growing major economies as it emerges from three years of COVID19 restrictions.
Economists expect youth unemployment to become increasingly common in coming years as graduates enter the job market. But at the same time, a shortage of factory labour due to an aging workforce is likely to exacerbate job market imbalances.
The dynamic…