College Grads Are Jobless in China, Too

China's Ministry of Human Resources and Social Security reports that 6.99 million students will graduate from institutions of higher learning in the country this year. That’s the biggest class in the history of China, 190,000 more than in 2012. Chinese leaders aren’t smiling, however. There are not nearly enough jobs for all the fresh-faced talent, and the lack of opportunity reveals much about China’s faltering economy.