Core Viewpoint - The article discusses the phenomenon of "degree devaluation" in the context of the increasing number of university graduates in China, drawing parallels with Japan's historical experience during the 1990s economic downturn [2][3]. Group 1: Current Job Market Situation - The number of university graduates in 2023 is projected to reach a record 12.22 million, leading to the largest job-seeking wave in history [1]. - The offer acquisition rate for 2024 master's and doctoral graduates is only 44.4%, a decrease of 12.3% year-on-year, which is lower than the 45.4% rate for undergraduate graduates [1]. - The job market is increasingly competitive, with the employment rate for undergraduate graduates being lower than that of vocational school graduates [1]. Group 2: Historical Context and Lessons from Japan - Japan experienced a similar "degree devaluation" phenomenon in the 1990s, where a significant economic downturn led to a drastic drop in employment rates for university graduates [10][12]. - The 1990s marked a turning point for Japan, where the employment rate for graduates fell from 80% to below 70%, leading to a generation labeled as "lost" due to their struggles in the job market [10][30]. - The Japanese government attempted various measures to alleviate the employment crisis, including increasing the number of graduate students, but these efforts did not address the underlying issues of economic stagnation and job market demand [21][35]. Group 3: Economic Implications - The article highlights that the root cause of degree devaluation is not merely the oversupply of graduates but the lack of corresponding job opportunities due to economic stagnation and a failure to innovate [35][37]. - Japan's experience illustrates that without significant economic growth and innovation, an increase in educational attainment can lead to a surplus of graduates without adequate job prospects [35][37]. - The article concludes that creating new job opportunities through industrial upgrades and innovation is essential to prevent degree devaluation and ensure that higher education translates into economic productivity [35][37].

华商韬略 . 聚焦标杆与热点、解构趋势与韬略 十年苦读付流水，一代人的血与泪。 文 ｜ 大南 来源｜ 华商韬略（ID：hstl8888） 封面来源 ｜ Unsplash 1222万——这一创纪录的数字，是今年即将毕业的大学生数量。正在奔赴职场的他们组成了 "史上最大应届生求职潮" 。 与这一庞大求职群体形成鲜明对比的是：智联招聘数据显示，2024届硕士及博士毕业生offer获取率为44.4%，不仅同比下降12.3%，更是低于本科毕业生的 45.4%。本科毕业生则低于大专毕业生的56.6%。 求职难，是当前海量大学生的切身感受，背后引出了一个热门话题——"学历贬值"。 以下文章来源于华商韬略 ，作者华商韬略 根据银河证券的预测，这种趋势短时间内难以缓解，大学生毕业人数仍将逐年增长，直至2038年达到1445万人为顶峰。这意味着 只有2017年后出生的人， 才能避开大学生求职的高峰期。 有人开玩笑说："21世纪最贵的是人才，21世纪贬值最快的却是学历。" 其实，"学历贬值"现象并非中国独有，隔壁的日本积累了近30年的"血泪经验"，其中的得与失，极具参考价值。 迷失的一代 "只要考上大学，一辈子就稳了。" 这是80 ...