China in Death Spiral: Youth Lie Flat, Middle-Aged Unemployed, Elderly Supporting Families
China in Death Spiral: Youth Lie Flat, Middle-Aged Unemployed, Elderly Supporting Families
Udumbara
0
.
In China, a growing number of middle-aged workers are facing widespread job losses. People over 35, especially those working in the internet, real estate, and education sectors, are at high risk of layoffs. Once they lose their positions within the official system, finding new employment is extremely difficult. Burdens such as family responsibilities, expensive retraining, and workplace age discrimination have made this group especially vulnerable.
.
