China’s young jobseekers struggle despite economic recovery
- Almost 9 million people will graduate and enter the job market this year at a time of great uncertainty
- ‘Getting a single job offer is a feat,’ new graduate says
The world’s second-largest economy may have rebounded sharply from a historic virus-induced contraction, but its young graduate jobless rate in June was more than three times that for urban unemployment.
The grim outlook for Chinese unemployment
Ma was among hundreds of young faces streaming in and out of the job fair on a recent weekend in Zhengzhou, the capital of Henan province, where employers in industries ranging from property to manufacturing were recruiting.
Like many others, the aspiring teacher said she was “at a loss” and wondering if she should settle for any job or hold off work for further education.
“I have applied to seven or eight private schools, but only one has called me back for an interview,” she said.
“I’ve studied for so many years and don’t want my family to pay for further training. I’m especially worried about my finances.”