Posted 1/28/2024, 5:33:57 AM
Chinese Youth Face Soaring Joblessness and Shattered Dreams Amid Economic Slowdown
- Young people in China faced record joblessness and intense competition amid an economic slowdown, after expectations were raised during the boom years
- Fiona Qin applied unsuccessfully for 100 jobs after graduate school despite relevant work experience, as the market was far tougher than she anticipated
- Ethan Yi graduated college anticipating good pay and respect, but ended up taking a low-paying agricultural job, realizing fast money was impossible
- Phoebe Liu struggled to land a full-time job out of college, feeling milestones like home ownership were increasingly out of reach
- Tsuki Jin quit her HR job despite the bad market to fulfill her dream of experiencing life in Shanghai, willing to compromise on stability for adventure