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Faltering economy triggers university job offers decline

Date Posted: 2008-11-27

Graduate students attending Okinawa universities may soon feel the pinch of the economic slowdown, as schools and businesses are slashing the number of jobs being offered.

Graduate students and graduating seniors in past years have found plenty of job offers to mull over and choose from, but this year is different. University job placement officials say there are about 7,000 fewer jobs being offered this year than last, and state-owned Ryuku University is concerned. Placement officials say they’re worried about the lack of invitations coming from companies.

“It looks like companies are now being very careful,” one official mused. “They’re watching the situation and how the world is going to change.” He predicts “if business begins doing well, they’ll take new workers, but it looks like things aren’t well yet.” Another university placement center says “we’ve been discussing this with many universities and the situation is the same; universities and businesses, and especially car factories, have decreased job offers big time.”

A student who’s “trying to get a job from an airline company” says she doesn’t “know clearly if there’s a chance because we hear the airlines are going to reduce the number of new works.” Okinawa Prefecture is concerned about the lagging job market, noting large companies are cancelling requests for new workers.

The move is making it difficult for the prefecture to reduce the unemployment rate. The prefecture’s goal has been to reduce joblessness from 8% down to 4% but officials say the economy is making life difficult.

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