China phases out unproductive majors
China's not interested:
Much like the U.S., China is aiming to address a problematic demographic that has recently emerged: a generation of jobless graduates. ChinaĆ¢??s solution to that problem, however, has some in the country scratching their heads.ChinaĆ¢??s Ministry of Education announced this week plans to phase out majors producing unemployable graduates, according to state-run media Xinhua. The government will soon start evaluating college majors by their employment rates, downsizing or cutting those studies in which the employment rate for graduates falls below 60% for two consecutive years.
The move is meant to solve a problem that has surfaced as the number of ChinaĆ¢??s university educated have jumped to 8,930 people per every 100,000 in the year 2010, up nearly 150% from 2000, according to ChinaĆ¢??s 2010 Census. The surge of collge grads, while an accomplishment for the country, has contributed to an overflow of workers whose skill-sets donĆ¢??t match with the needs of the export-led, manufacturing-based economy.
