Currently, the number of graduates annually leaving Chinese universities is six million. Most of them have a degree in one of the natural sciences.
Regardless of the current boom, China only needs three million of them. The rest do not find an “adequate” job. So what do the other three million each year do? Do they drive taxies or work as chauffeurs? Or do they sell Hamburgers at MacDonalds?
It does not sound good to me.
In Germany, around 239,900 students graduated from state universities in the winter of 2006/07 and summer of 2007. It is said that they are far too few, considering what our economy needs, especially since the number of engineers and computer scientists among the university graduates is allegedly rather low.
Well, the solution is simple, isn’t it?
Let us go and take the upper 10% of those three million Chinese who find no job. That would give us an additional 300,000 scientists, which should suffice.
Even better:
Why don’t we abolish our universities? Instead of the top 10%, we could take the top 20% from China who would otherwise be facing unemployment. This would be a nice way to lessen the burden on the Chinese employment situation and we would save a lot of money. In this way, we might even be able to afford to keep the € a little longer.
This advice is absurd and, of course, it cannot be done. But there are parallels. The German leaders of enterprises did quite similar things in order to maximize their shareholder value.
Even more absurd:
And if we then could recruit another 10% of the Chinese graduates for aged care work and the like, we would no longer have any reason to be pessimistic about our future. The Chinese would only have 2.1 million unemployed each year. Maybe they could sell those to the remaining €pe (EUROLAND).
Besides, we could also completely avoid having children. Just imagine the savings potential in the “social and health” departments! Last reserves among the female workers could also be recruited.
But maybe the numbers you read are rubbish, anyway: it is all virtual nonsense far removed from reality.
RMD
(Translated by EG)
P.S.
The picture was again taken by Hans-Peter Kuhn (HPK). He took it during his Journey through China by railway.
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