Chinese Youth Are Crying, Triple Work Half Pay, the Rest Are Just Lying Flat
Chinese Youth Are Crying, Triple Work Half Pay, the Rest Are Just Lying Flat
Udumbara
Chinese Youth Are Crying, Triple Work Half Pay, the Rest Are Just Lying Flat
Young Chinese are undoubtedly under immense pressure. A user named "Too Late" on Zhihu, a Chinese online forum, commented on the current living environment, "Every year, the path gets harder to tread, money becomes tougher to earn, and prices keep soaring." Many industries are experiencing "involution", where intense competition is resulting in redundant work, making employment even more challenging.
Since the start of this year, the unemployment rate among Chinese youth aged 16 to 24 has been steadily increasing. In July, the National Bureau of Statistics of China reported a youth unemployment rate of 21.3%. Research by Zhang Dandan, an associate professor at Peking University, suggests that if those young people who choose to "lie down" or depend on their parents without working are included, the youth unemployment rate in China might be as high as 46.5%.
By August, the Chinese Communist Party announced that it would no longer release relevant statistics. Experts analyze that this decision may be due to the dire state of the economy, with the employment rate becoming too challenging to manipulate, and young people no longer cooperating with the authorities, refusing to falsely report employment statuses.
