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November 26, 2003

Future Not So Bright For Grads

The number of university seniors who have found employment after they graduate stood at a record low as of Oct. 1. According to a survey by the Ministry of Health, Labor and Welfare, 60.2% of students due to graduate next spring have found jobs, down 3.9% from the same time last year. Male students have a slight edge, at 61.1%, as opposed to 59.1% of females. Businesses are said to be applying stricter recruitment standards, such as a minimum level of English ability, rather than competing for students as they did in the bubble economy years. The rate for next year's high school graduates stood at 34.5%, up marginally from 2002, while things look even bleaker for junior college students, only 29% of whom have been promised jobs.

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