China's Aging Migrant Workforce Faces Bleak Retirement Prospects After Powering Economic Boom
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Migrant workers in China helped build the country's economy but have little to no pensions or ability to retire. 29% of migrant workers are now over 50.
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Older migrant workers struggle to find jobs due to economic downturns, automation, and age discrimination. Job recruiters often avoid hiring older workers.
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Many older migrant workers now rely on temporary gigs to get by, earning very little. Some propose relaxing age limits for certain jobs.
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Most migrant workers focused earnings on bettering children's lives, not their own retirements. 55+ workers didn't begin planning for old age until it was too late.
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Despite poor prospects, many older workers must continue laboring daily just to survive, with no savings or pensions as a safety net.