This article utilizes data from eight surveys of national samples of college graduates conducted by the Institute of Economics of Education at Peking University in 2003, 2005, 2007, 2009, 2011, 2013, 2015, and 2017 to conduct a trend analysis on employment status and job-seeking status among graduates, summarizing 12 overarching employment characteristics and changing trends for graduates since the expansion of admissions at institutions of higher education in China, and proposing corresponding policy recommendations. [Translated by Carissa Fletcher. Originally published in "Peking University Education Review," 2017, 15(4).]