Authorities in Yunnan province are offering big cash payouts to China’s college graduates who take local jobs in fields such as education. Photo: Xinhua
China’s unemployment woes see Yunnan offer big cash subsidies to entice college graduates
- 50,000 yuan (US$7,500) annual living bonus is equal to multiple months’ salary for many workers in the southwestern province of Yunnan
- Subsidy plan is in line with the central government’s demand that local cadres help find people find work amid record unemployment levels
Authorities in Yunnan province are offering big cash payouts to China’s college graduates who take local jobs in fields such as education. Photo: Xinhua
