Group 1 - The number of college graduates in China surpassed 10 million for the first time in 2022, reaching 10.76 million, and is expected to continue increasing, with the 2025 cohort projected to reach 12.22 million, an increase of 430,000 year-on-year [1] Group 2 - The average salary for urban non-private sector employees in 2024 is projected to be 124,110 yuan annually, or 10,343 yuan monthly, while for private sector employees, the average salary is 69,476 yuan annually, or 5,623 yuan monthly [2] - The nominal year-on-year growth rate for average salaries in urban non-private units is 2.8%, while for private units, it is 1.7%, both lower than recent growth levels [2] - In the non-private sector, the highest average salary in 2024 is in the information technology industry at 239,000 yuan per year, followed by the financial industry at 201,900 yuan per year, and the scientific and technical services industry at 175,400 yuan per year [2] - In the private sector, the financial industry has the highest average salary at 135,300 yuan per year, followed by the information technology industry at 123,200 yuan per year; both are the only two sectors with an average monthly salary exceeding 10,000 yuan last year [2]