“As China’s economy recovers, employers are competing to hire low-skilled workers, but many of China’s best and brightest, its college graduates, are facing a long stretch of unemployment.”

Read more at The New York Times

When applying to VIA, I listed this as a future concern that Vietnam would one day face. China’s economic growth in low-skill labor markets and education were impressive, but where were the high-skill jobs that students were training for? I argued that the education of students was far outpacing the actual growth of white-collar jobs by merely comparing graduation numbers to the number of jobs available. Vietnam, I believed, would be heading in the same direction.