The global economic downturn has triggered a wave of mental health problems and suicides. However, there are also many other individuals who are coping well, and taking this as an opportunity to re-assess their life’s worth, upgrade their skills and academic qualifications, and spend more time with family and loved ones.
In China, graduate students are among the worst affected, but the authorities has promised graduates will get "at least one job offer" in the coming months, while provincial governments have raised enrolments for post-graduate studies to keep students occupied for a couple of years.
Job fairs are also being organised in major cities, to make it easy for people to come together to check out openings and get interviews.
It’s still tough to get a job, any job. Chen Ying, a 25-year-old international trade graduate from Inner Mongolia, says after a year of looking for jobs, she is now considering reception and entry-level sales jobs. The problem is, so has everyone else, she says. "I have been to more than 30 interviews and made dozens more applications."