An un-mandatory retirement age is another factor leading to the youth unemployment for college graduates. Along with the improving of working efficiency, proficient employees with rich and extensive working experience get retired at a much later age. In this case, for young graduates, there are fewer chances to get access to the jobs taken up by the older and more experienced.
However, the youth unemployment may cause serious social problems. Due to the gloomy job markets, college students may leave school before finishing their academic study, thus the higher education system will be challenged, and more seriously, the importance of higher education will be doubted. This will cause retrogression in education.
To solve this grave problem, both colleges and students should take some actions. On one hand, it is advisable for colleges to adjust courses more closely related to the future jobs. On the other hand, students in college, as future candidates for employment, should not only get a good command of professional knowledge but also take part in some practical exercises to be prepared for the future jobs. In addition, government may stage laws and regulations to assist graduates in finding jobs.
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