教育行业事项点评：国考发布招录公告，关注招录培训行业投资机会

Investment Rating - The report assigns an investment rating of "Positive" for the education industry [1]. Core Viewpoints - The number of recruits for the 2025 national civil service examination is expected to slightly increase, with a total of 39,700 positions planned, representing a year-on-year growth of 0.3%. Among these, 26,700 positions are specifically designated for fresh college graduates to support their employment [1]. - The report anticipates a continuous rise in the number of applicants due to the ongoing employment pressure faced by young people. As of August 2024, the urban survey unemployment rate for individuals aged 16-24 is 18.8%, an increase of 1.7 percentage points month-on-month. The number of college graduates is projected to reach 11.79 million in 2024, a year-on-year increase of 12.6% [1]. - The report suggests that the increasing number of applicants for the civil service examination will drive the demand for recruitment training services, with companies like Chalk, Huatu Shandian, and Zhonggong Education being highlighted as key investment opportunities [1]. Summary by Sections Recruitment Trends - The national civil service examination for 2025 will see a slight increase in recruitment numbers, with a total of 39,700 positions available, including 26,700 for fresh graduates [1]. Employment Pressure - The report highlights the significant employment pressure on young individuals, with a high unemployment rate among the 16-24 age group and a growing number of college graduates [1]. Investment Opportunities - The report recommends focusing on investment opportunities in the recruitment training industry, driven by the expected increase in civil service examination applicants [1].