China Youth Unemployment Crisis: 12.7 Million Graduates
2 Articles
2 Articles
China Youth Unemployment Crisis: 12.7 Million Graduates
BEIJING – China’s youth unemployment rate has climbed to 17.9%, just as a record 12.7 million university graduates enter the job market. That combination is putting intense pressure on young workers and exposing a widening gap between China’s image as a rising superpower and the economic reality many families face at home. The problem reaches […] The post China Youth Unemployment Crisis: 12.7 Million Graduates first appeared on Chiang Rai Times.
This year, China faces a wave of 12.7 million college graduates leaving the country, drawing attention to the employment pressure on young people. A report commissioned by the Mainland Affairs Council and written by academics points out that while the CCP's various employment-promoting measures have helped stabilize youth employment in the short term, they are unlikely to resolve the structural unemployment challenges caused by the rapid develop…
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