Chinese popular culture Essay Example | Topics and Well Written Essays - 1500 words - 1

Chinese popular culture - Essay ExampleEspecially in immensely growing economies like China or India, college graduates be of pivotal importance. This is because college graduates are the inauguration of talent for the countries. Due to unemployment for many reasons, the mob of talent at the college aim is lost and their talents to ensure sustainable harvest-festival over the period of clock go into the drain. In China, it is estimated that this year around 7 million students will pass out from colleges and universities. These numbers are the biggest since 2012, when 6.8 million students passed higher college or universities. Keeping this in view, unemployment rate in China will go above the current rate, i.e. 20%, as around 54% out of 7 million students would find it difficult to find a suitable job (Chan, 2010). In this scenario, where college graduates are still unemployed, the Chinese government has to criterion in and facilitate those students. Biggest advantage of unem ployment that Chinese college graduates can receive is that, they are provided with funds by the government in order to empower them to start earning. yet on the other hand, majority of the Chinese corporations and businesses are more leaning towards foreign talent than to trust their own pool of talent. As a result, this pool of talent is becoming a waste and the college graduates lifestyle has also gone below par. The perfect example of projecting this misery is that, Chinese unemployed graduates are forced to live in small colonies, where each apartment is filled with 8 to 9 college graduates. Despite of living difficulties these college graduates are facing, another dilemma they are indulging into is criminal activities. By adopting a wrongful path, these college graduates aim to make more money in a relatively less amount of time (Solinger, 1999). To meet their expenditures, these unemployed college graduates majorly depend upon the aid they receive from the government. This a id enables unemployed college graduates to fulfill their expenditures for housing, education, food and travelling. But, due to increasing unemployment, the aid provided to the students is becoming a gist on national reserves. Chinese government reports millions of Yuan that are spent on the social security of these unemployed college graduates. On the other hand, other source of income for these unemployed college graduate is through criminal activities, purchase and sell of drugs, engaging into trash jobs which prevents the talent to reach at the top notch corporate level where the can prove to be more beneficial. Even if they find a job, it power be in the field for which they are not qualified or they do not have ambitions for. In this scenario, they fall victim to boredom at job place and their performance levels are decreased. Moreover, it causes severe depression and sieve due to dissatisfaction form the job. Unemployed Peasant Laborers Peasant laborers are those laborers wh o work at a very introductory level of countrys economy. These might include farmers and other self-employed basic level workers. These workers are considered as being the biggest victim of unemployment. This is because, these are the one who produce items of basic necessities and perform basic jobs that are pivotal for the growth of