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Web of Proceedings - Francis Academic Press

Information Asymmetry in College Students' Employment Market

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DOI: 10.25236/icemeet.2019.416

Author(s)

Wang Congcong, Shen Zhouyao

Corresponding Author

Wang Congcong

Abstract

College graduates are the most prosperous, energetic and creative group in society. They have ideas, ambitions, and mastered a relatively systematic modern scientific knowledge. They are valuable human resources. They shoulder the heavy responsibility of continuing to push forward the cause of reform, opening up, and modernization, and shoulder the heavy responsibility of building a well-off society in an all-around way and the great rejuvenation of the Chinese nation. The employment problem of college graduates is not only related to the vital interests of graduates and even the masses of the people, but also to the sustained and healthy development of higher education and the basic national policy of rejuvenating the country through science and education and strengthening the country with talents. Based on the analysis of the employment environment, this paper explains the essential reasons for the difficulty of employment caused by information asymmetry from the perspective of economics, and then proposes solutions to improve the employment status.

Keywords

Information asymmetry, model analysis, employment