11.79 million represents a significant number with practical implications, especially in the context of China's educational landscape and job market:
- Number Representation: 11.79 million is numerically represented as 11790000, with four zeros. It can also be abbreviated as 11.79M. In scientific notation, it is approximately 1.179×107.
- Educational Impact: In 2024, China is expected to have a record number of college graduates, with the count reaching 11.79 million. This is an increase of 210,000 from the previous year, indicating a growing cohort of students completing their degrees1.
- Job Market Challenge: The influx of 11.79 million college graduates into the job market poses a challenge for China's economy, especially with a weak private sector and the property market slump. The jobless rate for the 16 to 24 age group, excluding students, has risen to 17.1% in July, highlighting the pressure on the youth employment sector2.
- Conversion to Crore: 11.79 million is equivalent to 1.179 crore or 1 crore 17 lakh 90 thousand, providing a perspective on the number's scale within India's numerical system3.
Overall, 11.79 million signifies a substantial number with important implications for China's educational and job market dynamics.