SocietyIs a university degree still a wise investment?

Record numbers of young people are graduating from university while entry-level opportunities are disappearing. The employment squeeze is raising questions about whether lengthy academic study remains worthwhile or whether job seekers should prioritize practical skills and microcredentials. China’s education ministry says 12.7 million graduates entered the labor market this summer, a record figure. Some people unable to find work are reportedly pretending to have jobs in order to maintain appearances.