Job Search and Labor Market Outcomes of New Graduates in China: Using the Latest Available Survey Data
Journal Title: Review of Economics & Finance - Year 2017, Vol 7, Issue 1
Abstract
This is the first study that uses data collected after the new reform of the household registration system (hukou) on the topic of job search and labor market outcomes of new graduates in China. Data of recent years were collected via an original survey. Results indicate a significant, positive effect of search effort on finding a job, which was rarely observed before the reform. Furthermore, parents’ income contributes significantly to starting wage, but has no significant effect on finding a job. This could be because parents’ income is the source of major financial support for unemployed new graduates in China, theoretically contributing to wages but not affecting job-labor match. Moreover, the study examined details related to graduates’ human capital and found that participation in university activities contributes to higher levels of starting wage upon graduation. The effects of different methods of job search were also examined. In addition, contrary to previous studies using data before the new hukou reform, this study found no significant wage gap between urban hukou graduates and rural hukou graduates.
Authors and Affiliations
Yang Liu
Keywords
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