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1 in 5 Young Chinese Is Jobless, and Millions More Are About to Graduate

Posted on AllSides May 19th, 2023
From The Left
CFOTO/Future Publishing, via Getty Images

Shu Xiang, 21, started looking for a job in February and still has had no luck. A financial management major at a college in Chengdu, China, Ms. Shu said she has received five responses to about 100 applications. Graduation is in a few weeks.

“I’m not so confident about finding a job,” she said. The only thing that makes her feel less anxious, she said, is knowing she’s not alone — most of her classmates were facing similar problems.

Ms. Shu is one of nearly 12 million Chinese expected to...

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https://www.nytimes.com/2023/05/19/business/china-youth-unemployment.html

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