Unemployment of Chinese graduates

It's a crunch time for graduating seniors entering the workforce. It’s a tough time for graduates to find a fitful job nowadays.
The tough economy has worsened some students concerning for their career plans. Someone said that "It's scary for the simple fact you don't know how many openings a place may have or if you're going to be everything that that company needs".
The employment rate for graduates last year was less than 70% and the rising number seeking jobs is challenging the Chinese government at a time when the current economic crisis will surely exacerbate the problem. This issue is much wore this year. Employment in China has plummeted. Fewer positions are available for graduates and graduate employment will be limited in this year and for the next few years. Although many companies cannot find qualified employees working in specific technical fields, many Chinese graduates have majored in accounting, Chinese language and literature, law and computer science, whereas jobs in these fields are limited. It is likely close to 2 million graduates will be hideously unemployment- many of whom are postgraduates, even doctoral graduates.
Several factors are responsible for the dire situation facing graduates and the massive expansion of enrolments since 1999 is one issue. In 1999, the government stimulated domestic demand by increasing higher education enrolments to answer negative influence by the Asian financial crisis that began in 1997. Now the graduates with great amount of education investment become the poor victim of the increasing education enrolments.
The modernization of China's economy and the opening of its markets have brought wealth, but at the cost of unemployment for many. Because of the rat race in such a society with stagnant economic, some students only with senior middle school diploma have to be a young work in factories in order to be one of the technically skilled workers. They think that they’d better earn money early than to be a would-be unemployment man with high diploma or experienced major skills. People take their jobs more seriously and are very loyal to their employers in such a competitive society with strong impact by this financial crisis.
Fewer positions are available for graduates and graduate employment will be limited in this year and for the next few years. What it will going on about the job issue of Chinese graduates?
Unemployed workers seem to be staying with friends in local apartments. Unemployed graduates find jobs such as workers in factories and salesmen, or they even polish shoes for others like so illiterate one. “I just want a job — no demands on salary” What a helpless claim! A report said that a girl in job fair kneel to one of the recruiter in Guangdong. Graduates choose suicide as their ending for life is not a new news now. What a cruel fact for our graduates!
Measures such as expanding postgraduate enrolments cannot solve the problem of graduate unemployment as it can only offer some relief or postpone the current employment pressure. Indeed, in recent years, employment of master degree graduates has become problematic. How it will go on if unemployed graduates become graduate student three years later?