China’s Ant Tribe: Millions Of Unemployed College Grads

From Christian Science Monitor:

Back when Deng Kun was in college, studying biomedical engineering, he imagined himself working for a company like GE by now, helping to design state-of-the-art medical equipment.

Instead, he spends a lot of his time in the cramped and chilly room he shares with a friend in the outskirts of Beijing, playing video games or trying to line up a job as a salesman.

Mr. Deng moved to the capital when he graduated, he says, because “I thought there would be a lot of opportunities here.” He soon found out, though, that “it is not very easy to find a job as an engineer.”

Deng is a member of the “Ant Tribe,” as sociologist Lian Si has dubbed the swelling ranks of underemployed or underpaid Chinese university graduates frustrated by their failure to fulfill their ambitions.

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