Posted 2/1/2024, 3:00:32 AM
China Faces Mounting Unemployment Crisis With Over 11 Million New Graduates Entering Crowded Job Market in 2024
- China faces worsening employment pressure in 2024 with no solutions yet to shore up jobs
- Private companies going out of business and failed startups leading to unemployment
- First quarter of 2023 sees continued economic slowdown putting pressure on job market
- Record 11.79 million college graduates entering crowded job market in 2024
- More jobseekers looking abroad as overseas job postings jump 92.9% in first half of 2023