From Reuters:
Some Chinese universities have inflated graduate employment figures by issuing bogus work contracts as millions struggle to find work amid the downturn, an official newspaper said on Tuesday.
The financial crisis has intensified the problem of graduate unemployment, which stems from rapidly increasing enrolment at Chinese universities, many of which fail to adequately train their graduates.
If widespread, this could cast doubt on recent official reports that graduate unemployment has now substantially eased, with an estimated 6.1 million new graduates in China this year.