Bad economy continues to hurt university students' lifestyles and graduates' job searches in Japan

1. http://www.yomiuri.co.jp/dy/national/20100117TDY02305.htm

73% of university grads have jobs waiting for them

The Yomiuri Shimbun

excerpt:

>>  A record-low 73.1 percent of university students have jobs waiting for them after graduation this year, a figure that also marked a record year-on-year fall and highlighted the bleak employment situation, according to government statistics. The figure was down 7.4 percentage points from a year ago, as of Dec. 1, and was the lowest since such statistics were first compiled in 1996. It fell for the second straight year.  <<


2. http://mdn.mainichi.jp/mdnnews/news/20091226p2a00m0na019000c.html

Recession taking toll on Tokyo U. students

excerpt:

>>   Yearly incomes of parents of students at the University of Tokyo in 2008 decreased apparently due to the recession, a school survey has revealed. According to the university's survey on campus life conditions, students from households with an income of less than 4.5 million yen jumped to 17.6 percent from the previous year's 9.3 percent.  <<

Japanese university graduates already getting 'pink' slips

http://www.usatoday.com/money/world/2009-03-05-japan-lifetime-employment_N.htm?csp=34

This is a good article about how the bad economy is affecting university and college graduates in Japan, especially the pattern of 'lifetime' employment (more a myth than anything else in Japan anyway).


Brief excerpt:
>>Japan offers a lifetime job, if hired right out of school

By Paul Wiseman and Naoko Nishiwaki, USA TODAY
TOKYO — Hundreds of young Japanese are getting pink slips before they even start work.

Japanese companies, contending with plummeting sales and shriveling profits, are withdrawing job offers to university and high school seniors.<<