Reporter:

The recruitment fair located near West World Trade Center in Beijing is crowded with fresh college graduates. Almost all of them we meet say it's too hard to find a job.

"I've come here three times, and I'm still waiting for a response from the companies that I handed my resume in to."

"I've gone to seven recruitment fairs in two days, yet I haven't found a suitable job. Companies don't want to recruit graduates. They prefer experienced applicants."

According to a survey by Zhaopin.com, the traditional industries recruit less people than before due to the increasing CPI and human resources costs. A recruiter says his company halved its recruitment plan for 2012.

"Most of the companies I know reduced their recruitment plans for 2012, because they face production and management difficulties this year. They didn't earn any profit in the second half of 2011."

Well, sunrise industries, on the other hand, was eager to hire more staff. According to the data from Zhaopin.com, internet, information technology, outsourcing, automobile and high-end consulting industries are offering 30% more positions than they did during the first 10 months of this year. Meanwhile, the number of job seekers has only increased by 7%. These companies have to hire graduates, and train them to do basic work, work that is sometimes tedious or remedial.

Due to the fierce competition, it's difficult for most graduates to find a job, let alone a satisfying one. Some of them may sign a contract with any company that will take them. One student tells us that they should hold on to any job while seeking a better one.

"We just want to have a try when we sign a contract with a company. Still we'll go on looking for a better job."

Some students sign contracts with companies without a second thought, because they see it as a backup plan while they continue looking. Xiong Jian, chairman of Hong Hai Human Resources Ltd, says contract breaches upset many companies.

"The cost of recruiting one person is 600 yuan at least. High tech industries spend 5 thousand yuan to train new recruits. Those companies will suffer heavy losses."

Students themselves have to pay a penalty if they breach the contract. The agreement was developed by the Ministry of Education to clarify the responsibilities of the graduate, the university and the recruiter. Every graduate receives one copy of the agreement, which can only be used once with a new employer. Apparently some students have sold their agreements for up to 400 yuan each.

Every copy of the agreement has a unique serial number which has a one–to-one relationship with a graduate and his or her files. The graduate's credibility will be lost if the recruiter finds out that the serial number is not in line with the file information. The agreement deals with subjects of file take-over and residence registration. Graduates will face heavy penalties if they buy other's agreements illegally.

For CRI, I'm Wangjing.