Chinese Graduates Face Bleak Job Prospects Amid Economic Downturn
• Young people in China faced record high joblessness and intense competition amid an economic slowdown • Graduates exhausted savings and took unpaid internships or multiple jobs to try to land roles • Fiona Qin submitted 100 job applications after completing internships, still coming up short • Ethan Yi graduated expecting benefits from his degree but ended up in a $730/month training role • Phoebe Liu felt achieving homeownership and upward mobility would be harder than for previous generations