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Chinese Education stocks growth is exploding and so too is Employment for English Teachers



September 21, 2009 – Comments (1) | RELATED TICKERS: EDU

Young foreigners come to China for jobs

15:43, September 21, 2009

The best job Mikala Reasbeck could find after graduated from college was counting bills in a drugstore in Boston. In Ferarary, 2009, she took the drastic step of leaving for Beijing to find a job. One week later, she had a full-time job teaching English.

Driven by the gloomy job markets aboard, young foreigners like Reasbeck are coming to China to look for work.

Many do basic work such as teaching English which is largely demanded from Chinese businesspeople and students. But a growing number of foreigners are arriving with skills and experience in computers, finance and other fields.

China's job market was supported by 4 trillion yuan ($586 billion) stimulus plan. Though there are at most 12 million job hunters still will be unemployed, the government says millions of jobs will be created this year.

However, foreigners who came to China for jobs are still facing big challenges from young people in China. More and more English-speaking young people in China have high level education background. At the same time, some of the returnees with work experience also joined the ranks of competition.

Netizen poorsarah from People Forum contributed to the story

By People's Daily Online

1 Comments – Post Your Own

#1) On September 22, 2009 at 1:24 PM, lemoneater (58.88) wrote:

Some of my friends went to teach English in China right after they graduated for just a short time. About ten years have passed and they are still there. They enjoy the interesting culture and the fantastic food. But most of all, they benefit from the overall attitude of respect towards teachers. In their experience, most of the students are eager and willing to learn. 

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