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Unemployment in China
Amid China’s ongoing economic struggles, unemployment remains a headache for Beijing. In this eight-part series, we examine the range of unemployment issues facing the world’s second-largest economy, from young people to “the curse of 35”, as well as gig workers and the political implications.
Updated: 10 Jul, 2024
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[1]
‘Job seeking is fierce’: China’s desperate youth provide headache for Beijing
Chinese President Xi Jinping called employment a ‘most basic livelihood concern’, pledging to make youth employment a top policy priority.
06 Jul, 2024
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[2]
China’s elder millennials quest afar, seeking ‘curse of 35’ cure
Youthful vigour is like a +5 character perk in the Chinese workforce, but veteran industry players who know their profession inside and out are the ones companies want to send abroad.
06 Jul, 2024
[3]
In China, jobseekers with chronic illness stand up against discrimination
Health standard that excludes many from public service is now default in other industries, leaving otherwise qualified applicants despondent.
07 Jul, 2024
[4]
More than half of China’s top companies downsized last year. What now?
A Post review of 23 annual reports from leading Chinese firms found that more than half downsized last year, while others slashed staff-related expenses.
09 Jul, 2024
[5]
Time for China to confront gig worker phenomenon that’s becoming the new normal
China has around 200 million gig workers who make a living from various temporary jobs, but they lack the security of traditional employment.
09 Jul, 2024
[6]
China’s ‘overpaid’ finance workers see salaries tumble but is price too heavy?
Deep and widespread pay cuts have hit China’s financial sector as Beijing seeks an honest and trustworthy, righteous pursuit of profits to support the economy.
10 Jul, 2024
[7]
Social tensions in China reach boiling point as job, wage issues take their toll
China’s employment issues appear to be having a spillover effect on society at large, with recent heated or violent incidents leading many to wonder about the role the job market has played in these outbursts.
10 Jul, 2024
[8]
How joblessness in China is pressuring the Communist Party’s social contract
Improved living standards have been at the core of party mandate for generations but that could backfire in hard times, experts warned.
10 Jul, 2024