Lack of vacancies for graduates means full house for 'job hotels'
The hotel industry has taken a battering globally as the economic downturn keeps travellers at home, but for one group of hotels on the mainland, business has never been better.
'Job hotels' have sprouted up in major cities in recent years, and a glut of graduates and shortage of jobs have seen occupancy rates soar.
The job hotels, modelled on backpacker hotels, target job seekers, providing information on the nearest job centres, part-time vacancies and data-sharing services with prospective employers. Most guests are graduates who are looking for jobs, gaining work experience or attending short training courses.
The hotels are more popular than ever this year, as the economic slowdown has exacerbated an already poor job market for the mainland's growing number of graduates.
A huge expansion of universities in the late 1990s saw student admissions jump from 1.08 million in 1998 to 6.29 million this year.
According to the Chinese Academy of Social Sciences' 2009 Social Development Blue Book, 5.6 million college students graduated this year and, together with 1.5 million graduates who failed to land jobs last year, there are 7.1 million looking for work.