Factory Jobs in China

http://www.nytimes.com/2013/01/25/business/as-graduates-rise-in-china-office-jobs-fail-to-keep-up.html?pagewanted=1&_r=0

This article is a case study of a man named Mr. Wang who is a unemployed college graduate in China.  The article goes into great depth about the emergence of an increasingly "educated" work force in China.  China has 10x more college graduates now then they did in 1989 during  Tian'an men square.  The rising education level of young working age people has created an interesting dynamic in the Chinese workforce.

Factory jobs are plentiful in China and offer good wages and stable employment.  The working conditions have improved significantly over the past few years, and the starting salary is twice that of a starting white-collar job.  However, people like Mr. Wang are not content with a factory job now that he has a college degree.  It is viewed as "dirty work" and beneath him.  However, Mr. Wang is unemployed himself and actively looking for a white-collar job.  The underdevelopment of the service sector in China means that white-collar jobs are few and very competitive.  Some experts point to the state capitalism as being responsible for the underdevelopment of the service sector. Mr. Wang is in a unique position where he can afford to be unemployed.  Due to the one child policy, Mr. Wang has four grandparents and two parents that are willing to support him. 

Experts are wondering how this changing dynamic in the Chinese labor force will affect factories and white-collar jobs.  It is likely that China will see a shift towards more vocational graduates to fill the available skilled factory jobs.  It is also likely that conditions in factories will continue to improve to make the jobs more appealing.