2013-08-07 — cbsnews.com
Despite having a college degree, wages are low for job seekers. At a recent Beijing job fair, graduates know the odds: only 35 percent have found work.
More than a million recent graduates have ended up crammed into cheap subdivided apartments. They're packed in so tight, they're nicknamed "ants."
These apartments -- "ant colonies" -- are illegal. CBS NEws took a hidden camera to see one with 20 beds and one bathroom. Another unit we saw slept 30.''
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