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Worthless college graduates in China
« on: July 01, 2011, 01:08:49 PM »
‘Ant tribes’ with college degrees worthless in China
June 25th, 2011  |  Published in College Education 





China’s double digit growth rate during the financial crisis, has been the envy of the World. And yet, many Chinese are still not reaping the rewards of the economic boom. That includes the millions of graduates entering the workforce each year. They’re becoming part of a phenomenon called ‘Ant Tribes’, as Henry Morton explains.

More at: http://education-consultants.info/ant-tribes-with-college-degrees-worthless-in-china.php

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hubag bohol

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Re: Worthless college graduates in China
« Reply #1 on: July 01, 2011, 01:11:03 PM »
The term "ant tribe" was coined by Lian Si, a professor who wrote a book with that title about the post-1980 generation.

"Unlike slums in South America or Southeast Asia, these villages are populated with educated young people as opposed to laborers or street peddlers," says Lian, who teaches at the University of International Business and Economics in Beijing.

The Chinese born after 1980 are among the most privileged generation in China's long history. Living after the communist government gave up the radical politics that tossed their parents and grandparents between chaos and penury, they have known only ever-rising levels of prosperity.

In their lifetimes, gleaming new office towers have remade China's cities. Hundreds of millions have been lifted from poverty. Travel abroad, private cars and apartments and a university education — all once the preserve of the elite — are increasingly common.

Vibrant megacities such as Beijing and Shanghai are the epitome of this good life. So the ant generation comes, bringing its aspirations.

But their very abundance keeps entry-level salaries low, while housing and other costs rise. Real estate prices have doubled in just three years in major cities, outpacing a 40 percent increase in urban wages from 2005 to 2009.

"This is the biggest struggle for China's young generation today," says Liu Neng, a sociology professor at Beijing University. "People in their 40s and 50s, now leaders in society, have already experienced hardships, but it's the younger generation's turn to face challenges before they become part of the country's elite." -- http://www.foxnews.com/world/2010/06/27/chinas-young-ant-tribe-generation-home-shared-bed-far-home/

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Re: Worthless college graduates in China
« Reply #2 on: July 01, 2011, 01:13:42 PM »
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hubag bohol

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Re: Worthless college graduates in China
« Reply #3 on: July 01, 2011, 01:16:01 PM »
A Million Frustrated Graduates Swarm Squalid Colonies, Posing a Social Quandary
Sim Chi Yin reports in The Straits Times (Singapore):


They are smart, industrious and marginalised, huddling together for comfort.

Hordes of China’s underemployed or underpaid university graduates have formed squalid enclaves on the fringes of the country’s big cities, earning themselves the label yi zu or ‘ant tribe’.

As their ranks swell, some observers have warned of the dangers that a mass of young and frustrated people – doing jobs they are overqualified for – might pose to social stability.

Last month, several delegates at Beijing’s annual parliamentary session urged the government to build better housing for these graduates and to do more to help them find jobs.

There are a million ‘ants’ massed around major cities, with about 100,000 in Beijing alone, estimates sociologist Lian Si, who led a two-year study that was published in a book last September.

A typical ‘ant’ hails from rural China, is a graduate of a non-brand-name university aged between 22 and 29, and earns no more than 2,000 yuan (S $414) a month working long hours as an insurance salesman, computer technician or waiter. -- http://chinadigitaltimes.net/2010/02/a-million-frustrated-graduates-swarm-squalid-colonies-posing-a-social-quandary/

Lorenzo

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Re: Worthless college graduates in China
« Reply #4 on: July 01, 2011, 01:16:17 PM »
http://www.foxnews.com/world/2010/06/27/chinas-young-ant-tribe-generation-home-shared-bed-far-home/[/url]

Quite similar to the situation in the Philippines; where nurses are working as call center agents. Where accountants are working as starbucks sales associates.




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Re: Worthless college graduates in China
« Reply #5 on: July 01, 2011, 01:18:48 PM »
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hubag bohol

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Re: Worthless college graduates in China
« Reply #6 on: July 01, 2011, 01:26:13 PM »


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