Annotated Bibliography for Chinese Grads' Unemployment

In the article “In China, College Education Comes at a Price”, the author Benjamin Carlson discusses the issue that it is hard for Chinese college graduates to find decent work. Firstly, he indicates that both US and China have the problem of grads’ unemployment, but Chinese issue may be even worse. Moreover, he says that low-skilled laborers can get higher wages than educated workers. As a result, many college graduates have accepted the migrant-worker lifestyle. For example, a graduate whose major is animation finally found a job as a real-estate agent because there are few jobs of animators. Furthermore, the author also shows that Chinese central authorities have tried to solve this problem by warning students not to choose majors with the highest unemployment rates and encouraging grads to start their own business, but the problem still exists. Finally, he gives an opinion of the Crothall of the China Labour Bulletin, which shows that the essential problem is the economic transition needs to take a very long time. It also points out that it is impossible to let all college graduates work as white-collar.

In the article “Governments Cannot Create Jobs, Growth Relies on Entrepreneurs”, author Sher Valenzuela discusses the relationship between the government and creating jobs. First of all, he points out that the government creates job through small companies, and the government does not do and have ability to do it. According to Valenzuela, however, the Obama administration does not help entrepreneurs create jobs. Actually, it is responsible for the “regulatory uncertainty”. Moreover, he thinks it is important for the government to build good environment for business and protect citizens. Finally, he indicates that the government has given enough programs, but people do not have a good method about how to use them. Valenzuela gives an example about a better way, the First State Moves. First State Moves in Delaware is designed to help people understand the program and its concept can be used in any state.