The Education and Economic Research Institute of Peking University and the Institute for Higher Education recently issued the "2007 employment situation for college graduates" survey results. The investigation revealed that the employment rate of graduates in 2007 reached 70%; the average starting salary for graduates was 1,798 yuan; and half of graduates received less than 1,500 yuan. The employment rate of college graduates is worse than that of junior college students.
The survey showed that half of the monthly starting salary for college graduates is above 1,500 yuan. Fifty percent of graduates start between 1,000-2,000 yuan; 80% of graduates start between 800-3,000 yuan; and 90% of graduates start between 700-4,500 yuan. The average starting salary for college graduates in 2007 was 1,798 yuan, an increase of 210 yuan over that of 2005. Investigations revealed that salary levels depended on the nature of work unit, type of work, and place of employment. The average income in municipal or provincial capitals is, at most, 2,074 yuan.
By People's Daily Online
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