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To: Lizzie Tudor who wrote (176396)1/4/2004 11:10:58 PM
From: Amy J  Read Replies (2) of 186894
 
Hi Lizzie, RE: "One Million Graduates Face Unemployment in July"

That is, in fact, the key statistic that drives my points.

Here's how the above statistic works and jives:

It's a supply glut that translates into an assault on the entry-level middle-class. The marketplace is global, no longer the USA.

The world is all connected. The following comment further illustrates my point about the shortage for scientists and entrepreneurs, but a glut at the bottom:

english.peopledaily.com.cn

"Mediocre human resources seem to be limitless while high-caliber talent has always been in short supply.

College graduates will face a tougher job market and their salary expectancy for first jobs will continue to fall, which will force colleges to reform their curriculums and specialties offered."

China is stepping up their education. We should too.

Regards,
Amy J
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