Beijing: The population of college graduates is projected to reach a record high this year, turning an already tough job market into a pressure cooker and intensifying the scramble for talent nationwide.To many new graduates, mega cities such as Beijing, Shanghai and Guangzhou, Guangdong province, are less attractive due to their high cost of living and greater peer pressure in the job market. Thus, the graduates are looking elsewhere.
The trend is changing the employment landscape in China, but it is good news for second- and third-tier cities.
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