Degree Dilemma: Record Graduates vs. Shrinking Entry-Level Jobs in Asia

This summer, a record 12.7 million graduates in China entered the job market, according to the Education Ministry. Meanwhile, India is also seeing a surge in university graduates. But as entry-level jobs become scarcer, many are questioning the value of a traditional degree.

Our East Asia correspondent, Rik Glauert, reports that some Chinese graduates are even faking employment to save face, highlighting the intense pressure they face.

So, what's the best career strategy in this competitive landscape? Andreas Schleicher, Director for Education and Skills at the OECD, offers his insights. He suggests that focusing on skills and microcredentials might be more beneficial than relying solely on a degree.

As the job market evolves, it's crucial for job seekers to adapt and upskill to stay relevant.