China's Youth Unemployment At Record Highs: Meet The Jobless Graduates | Insight | Full Episode

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CNA Insider

CNA Insider

Gün önce

A record breaking 11.6 million graduates have just left school in China this year. But they now face the toughest jobs market in recent memory. In the most recent figures, about one in five youths are officially unemployed. Meanwhile, the Chinese government has stopped publishing youth unemployment statistics.
From a slowing economy, to a mismatch in skills versus available jobs, to unrealistic expectations of workers and employers, Insight explores the reasons for the high unemployment rate, through the eyes of those who are young and jobless in China.
00:00 Introduction
03:32 China's young graduates struggle to find jobs
08:41 Cutthroat competition for few available jobs
14:16 Few entry-level jobs for millions of graduates
19:36 Mismatched salary expectations
23:36 "Full-time" sons and daughters
30:33 Rising discontentment and looming protests?
36:42 New jobs for youths in the countryside?
42:06 Unusual ways to earn and save money
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ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world.
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YORUMLAR: 1 700
@WeiDu1984
@WeiDu1984 3 aylar önce
Hi all, this is Wei, the director of the documentary. Thank you all for taking the time to watch the program. We spent 2 months tracking the job hunts of the young people you saw. I’m grateful for their participation, and moved by how they all had smiles on their faces and light in their eyes despite the curveball life has thrown at them. Our first profile Xiami now has his own channel, in which he talks with Chinese youths from all walks of life. If you speak Chinese, you can find him as 严肃的虾米.
@rubensoria3297
@rubensoria3297 3 aylar önce
Llilul
@david98765432123456
@david98765432123456 3 aylar önce
Here is my greetings (Chinese style) : like first, followed by watch.
@apostolos8734
@apostolos8734 3 aylar önce
You guys did great work!
@KataRina-qd4vn
@KataRina-qd4vn 3 aylar önce
If my parents didn't leave China 30 years ago, I would be screwed. I would legit be a live in child with my parents into my 40's or just be completely homeless. I did really bad in college in America, but I still managed to get a job that pays 80k USD a year, increasing every year by more than 3 percent. The fact that I could fail at school and still making a living at a higher than average salary is something I'm pretty thankful for. For peasants like us, the US is really the land of opportunity compared to China where the competition is beyond insane. When I went to University, I couldn't even compete with any overseas students from China. Like they got A's and I got D's and sometimes F’s
@Ray-jf7ni
@Ray-jf7ni 3 aylar önce
Their smiles are bitter, don't you see it
@davidaaa3523
@davidaaa3523 2 aylar önce
When I graduation from college, I couldn't find a job for 2 years. I know how frustrating and depressing the journey can be. That was 30+ years ago. I am doing great now. Hang in there, never give up.
@9kelochi355
@9kelochi355 2 aylar önce
Yes, can agree with you even though I'm still in college but I'm nervous I can't find a job in the future, I cant imagine how hard those unemployed graduates may feel.
@Zibi21
@Zibi21 2 aylar önce
Similar situation, the problem is that you graduate from collage and when looking for a job its mostly "2-5y experience in similar position"...so how can that graduate find job if all companies demand already having experience and does not want to put money in training new workers. What we need is a system that trains fresh graduate on specific jobs and after that training based on their final performence they are given a list of job opportunities to start their journey as work force. Companies gain trained personel while the graduate gets less stress regarding finding their first job.
@eduardochavacano
@eduardochavacano 2 aylar önce
@@9kelochi355 just study Englisb and also go to the gym to build a nice body.
@day2148
@day2148 2 aylar önce
I graduated in the US in 2009, the year after the Financial crash. My entire graduating class that year had an unemployment rate of ~30%, and that's for people with a full Bachelor's degree or higher (even worse for those without). Nevertheless all of my friends who struggled then now have productive careers. So don't give up, keep looking, and get career experience wherever you can. Even part-time job and contracting work is better than nothing to put on your resume.
@xiphoid2011
@xiphoid2011 2 aylar önce
You must have gotten one of those useless degrees. I went through 2008, it never got that bad.. The highest unemployment rate for university degree holders only topped at 5% during the great recession. There isn't a huge mismatch in degrees and economy in the US.
@mia-fz3sg
@mia-fz3sg 2 aylar önce
Thank you 🥹
@merrytunes8697
@merrytunes8697 24 gün önce
@@xiphoid2011what’s a ‘useless’ degree?
@alcoholfree6381
@alcoholfree6381 2 aylar önce
It is sad what is happening to these bright, young, industrious people. They seem malleable and resilient. I have empathy for them. I’m retired and disabled; I’ve found that few people want to hire 70 year old men that can’t walk much. I will pray that these young wonders find a way to fly in their lives!
@jellybee218
@jellybee218 2 aylar önce
Well. They have their battle to fight and in their times. Nothing is worst than to wait for handouts and the govt to do something for you.
@Knightx392
@Knightx392 Aylar önce
Don't pray vote instead
@willyberger4937
@willyberger4937 13 gün önce
Whish this young people all the best👍🤟
@tigerking8413
@tigerking8413 Aylar önce
Thank you to those brave students who agreed to be interviewed and shine a light on the harrowing experience of many in my generation. To those who are older, more experienced and have made it in life. It means the world to us you understand our struggles and challenges, even if you're not in the position to help us.
@MagpieTimes
@MagpieTimes 2 aylar önce
I love how he said that they're not releasing youth unemployment stats because the country is developing rapidly and the stats will get better. It's like me opting out of my performance review at work because I am, in my own assessment, getting more productive by the day, so I'll take the review next year.
@ChanJoonYee
@ChanJoonYee 2 aylar önce
And we don't know if those who spoke out would get punished.
@jellybee218
@jellybee218 2 aylar önce
@@ChanJoonYeeLike LKY did during his days. 😂
@elliotoliver8679
@elliotoliver8679 Aylar önce
Every day I am developing my personal continuous improvement matrix…..
@sciencefriction6
@sciencefriction6 Aylar önce
I am Masters student at one of the top Canadian university, working in a warehouse as a part time for 30 hours per week under 0 degree Celsius temperature, travelling in a public transport for 2 hours daily, working on 3 academic project every 4 months and applying to more than 200 internship position in a month. All in all you have to struggle to survive no matter where you are.
@footlessbird1998
@footlessbird1998 5 gün önce
It is normal to work 10 hours a day in China. The last time I worked in a warehouse in a small city it was less than $2 an hour.
@vincenttay2812
@vincenttay2812 3 gün önce
Too many graduates world wide😮
@JudgeyJudgeyable
@JudgeyJudgeyable 2 aylar önce
I think the lack of opportunities is tied to how corporations are simultaneously abusing their current employees, overworking them, and then being unwilling to invest in the next generation of their work force.
@TheDysartes
@TheDysartes 3 aylar önce
There is a growing problem around the world in regard to the younger generation. They were told that getting a degree would enhance the future prospects, and that was true for the Boomer, Gen X and to some level Millennial generations. We as kept telling them the best way to improve their future was through a degree, so what happened and is still happening is that more and more youngsters are attending Universities, so now it's no longer an elite qualification. What's happened is that because so many people now have degrees they've effectively become worthless, they've become undervalued. So the next step was to get a Master's Degree, which has meant more and more are getting a Post Graduate qualification, and so lessening the value of a Master Degree. There are just too many youngsters out there looking for graduate level first jobs, and not enough jobs to go around. So you find individuals working in job roles that don't require a degree level qualification. So what we have in China and many other countries are an abundance of the younger generation who are over qualified with degrees that effectively worthless.
@martinlund7987
@martinlund7987 3 aylar önce
@TheDysartes, you are from the US, yes?
@LimWJ2023
@LimWJ2023 3 aylar önce
Agree
@thedude6810
@thedude6810 3 aylar önce
The young are naïve
@alexsmith-ob3lu
@alexsmith-ob3lu 3 aylar önce
You are very correct! Meanwhile, there are employers and smaller businesses that are eager and desperate to hire apprentices or technicians or mechanics to get such badly needed work done. And despite the growing jobs, wages and opportunities in many other fields of study; too many people are arrogant and just go around assuming this or that.
@thejuiceweasel
@thejuiceweasel 2 aylar önce
Youth unemployment is horrible. If the starting message to your work life is "nobody wants you at the peak of your employability", then imagine how these youths must feel with most of their life yet to come.
@jamessmith1652
@jamessmith1652 2 aylar önce
People are not at "peak employability" when they graduate. 30s-40s is peak employability.
@johng4093
@johng4093 2 aylar önce
They thought it was a piece of cake and turned out it wasn't. They had naive expectations. Young people can adapt and learn what the real world is like. Everybody else is out there working whether they like the job or not. It's not that bad learning to be an adult. A chance to grow into a better person.
@schizotakes
@schizotakes Aylar önce
@@jamessmith1652 thats pretty delusional but whatever
@lukewilson624
@lukewilson624 Aylar önce
@@jamessmith1652 Not in Asian countries
@user-et7zv5rs3q
@user-et7zv5rs3q 3 aylar önce
Numbers of graduates are growing. But the job market is actually shrinking. And another situation in China is that you might be facing layoff once you over 35. Not to mention people need to work so hard to get a job with the toxic work environment like intense workload and overtime. ( if you don't take this job, someone else will. Thats how toxic it is) I hope China can turn things around becuase there are many students like me are facing this challenge.
@tankman20064
@tankman20064 3 aylar önce
Go learn hard labour jobs😂😂😂😂😂
@93hothead
@93hothead 3 aylar önce
It's happening all around the world
@atix50
@atix50 3 aylar önce
China's experiencing what happened in the US and Europe when manufacturing jobs moved there. Chinese business owners themselves are manufacturing in India/Indonesia etc and starting to move to Africa for even cheaper labour. China's even building the infrastructure to support this and educating foreign students so they're proficient in Chinese. Now would have been a perfect time to spend on infrastructure and subsidised ev's. Will be interesting to see if China opens up to mass immigration. Cheap labour force on home turf and lots of renters for empty apartments paying mortgages for owners allowing them spend again. Literally billions in India and Africa looking to relocate for work.
@Feathertail2205
@Feathertail2205 3 aylar önce
That's messed up. Instead of hiring more to take care of extra workload, companies are reducing number of employees to maximize profits is what you're saying essentially.
@learningtho582
@learningtho582 2 aylar önce
I'm a Taiwanese Australian. I feel sad watching this. It's not like these young people are not trying. I can say that they are a very resilient bunch - having to cope through COVID-19, navigate through an economic downturn, rising living cost, high competition in the job market, rising house price which is pretty much unreachable already for many working professionals. I hope they don't give up and keep trying. Hopefully things work out for them and it will get better!
@katrinaghm
@katrinaghm 3 aylar önce
Currently the "depreciation of degrees" is really getting crazy....I graduate in 2010 and I could easily find a job and the companies are willing to spend time & money to train employees. But nowadays, a lot of companies just simply skipped those candidates with undergraduate degree. For those people with lower degrees, they can only find the job as physical worker.
@andrewashkettle
@andrewashkettle 3 aylar önce
I don't think companies are skipping candidates with degrees. I think companies are skipping candidates without experience. They would rather employ the trained than train employees. In a world full of people with useless degrees, companies are realising that degrees are not a very good metric for identifying useful candidates.
@johng4093
@johng4093 2 aylar önce
@@andrewashkettle Thank you, agree 100%.
@Nameles84
@Nameles84 2 aylar önce
Agreed. In the US, there are some views see that high end education on some of the useless degrees are a scam making graduates into deep debts are graduating. Every youth dream of working for some soft job in Google or Xitter rather than a networker in the company. When the money runs low, the first to go are those soft jobs.
@user-px7vx2qt9i
@user-px7vx2qt9i 11 gün önce
Blame the push of feminism diverting resources and bursting the labor market while taking away worker's rights and leverage. If women allowed men to be paid according to a less female favored system, corporations would make less profit, with barely any slower development while alleviating the societal stress on the family. Currently, everyone is being exploited and large groups left unhappy due to the promises of decades of propaganda.
@kateya4754
@kateya4754 2 aylar önce
If employers are hiring students with masters for office work, how can lower education students get any jobs. This is crazy, so sorry for the rest of graduated youths.
@user-rw9zy7ix9o
@user-rw9zy7ix9o 2 aylar önce
Manager dont like to hire someone more qualified than ownself 😂
@eun5150
@eun5150 2 aylar önce
😂crazy masters. i don't even have a degree but I'm not from China
@zohramartini9425
@zohramartini9425 2 aylar önce
It is the case for over 20 years in France. For decent jobs the master was a requirement. I just think the rest of the world is catching up
@GreenWaifu
@GreenWaifu 3 aylar önce
I wouldn't be super happy on my graduation day if I knew I'd have such a difficult time finding a job afterwards. I can see why people would want to go graduate school, so they can prolong the job search.
@Michael-wd4ft
@Michael-wd4ft 3 aylar önce
Yeah, I heard the new about that the coming graduate students to break the rules in deliberately for delay the dead line of graduation.
@oc6617
@oc6617 3 aylar önce
This is the same as what happened to the US Millenials who graduated college in 2007 and 2008. Zero jobs available so we either went to grad school or moved back in with parents.
@swallowedinthesea11
@swallowedinthesea11 3 aylar önce
@@oc6617 Millennials are a lost generation. It's up to Gen Zs now.
@leonardoapico5741
@leonardoapico5741 2 aylar önce
But we also have it hard, around the world there are just no jobs
@tristanbulluss9386
@tristanbulluss9386 2 aylar önce
So much moneys going to them. Their like flys that sell drugs.
@Hylin79
@Hylin79 2 aylar önce
College/Graduate degree is only meaningful if it's able to truly separate those with degree and those without degree with secure, well paying jobs. When you over expand colleges and universities without producing enough job opportunities, only the colleges are making money. Also, there are simply not enough high paying jobs for 11 million graduates, some are going to have to go into trade jobs or hourly service/hospitality jobs. The mismatch of job prospect expectation with college/graduate degree versus job market reality is a problem for all countries right now.
@5647014
@5647014 Gün önce
Sometimes a degree alone isn't sufficient, you need to prove to the employer that you are reliable, efficient, trustworthy etc. So to fresh graduates, don't be too choosey, grab whatever opportunities that comes your way just to get some of the hands on experience and references for future opportunities
@yyyy-ky7hv
@yyyy-ky7hv 3 aylar önce
Another reason is that Labor-intensive industry in China is quite exploitative, majority of youngers are not willing to seek a job in factory or catering industry. Meanwhile, the employers who offer low-skilled jobs are not willing to hire a worker with beholder's degree. Because they worry that these highly educated employees will leave since they are less likely to endure the high pressure.
@0xTK
@0xTK 2 aylar önce
not only the high pressure, many jobs always mean danger and hurt(physical), like extremely hot and eat hand's machine
@ferahl
@ferahl 2 aylar önce
A very well put together, balanced documentary. Enjoyed it a lot thanks
@FallnNino
@FallnNino 2 aylar önce
Found it very different in Canada. A Master’s degree may be a must for any entry level job in nowadays China, while in Canada it will reject you from any low wage job for being overqualified. Extremely harsh for new graduates without direct experience but useless degrees from top universities.
@haozhema4174
@haozhema4174 27 gün önce
I don't know the situation in Canada, but it's correct in China. I am a Chinese
@znox
@znox 2 aylar önce
Must be said it is a complex issue to discuss in many aspects 😮‍💨 I also see training cost has shifted to the workers which we had to spend a lot and carry loans just to further educate ourselves for the job market 🙁 If after investing many thousands to graduate and cannot find a related job, it makes sense to feel the degree (investment) is wasted, thus explaining why would prefer and risk to keep looking for related jobs to use their qualifications and not take low-paying jobs 🤕 (But don't get me wrong, low-pay jobs is another issue that has to be addressed too because they are often underrated and should be fairly granted for their hard pay work
@kvrathnamaiah2913
@kvrathnamaiah2913 3 aylar önce
I think not only in China all around the world situation is same for youth😢
@yusenmiao-mz3bd
@yusenmiao-mz3bd 3 aylar önce
yes!
@itsukiyamamoto1663
@itsukiyamamoto1663 3 aylar önce
Same 😢
@sanmcarl7336
@sanmcarl7336 3 aylar önce
Before you leave a message, you should know that they are a communist country, and you should know what a communist country means.Why they insist on communism, you need to figure it out. They should be different from capitalist countries, let alone use the conditions of capitalist countries as a reference.
@bunnyfreakz
@bunnyfreakz 3 aylar önce
@@sanmcarl7336 I don't know why everything needs to be China slandering. Unemployment is pretty much capitalist problem and China economy system is uber capitalistic.
@Newie67
@Newie67 2 aylar önce
A good education is the dream of the parents. Its the economy that slaps the kids with the hand of reality.
@harrtybb
@harrtybb 2 aylar önce
Exactly because it's the least educated countries with the strongest economies....... 😐
@ericcartmann
@ericcartmann 2 aylar önce
@@harrtybb There is a correlation that education breeds a strong economy but that doesn't imply causation. At the end of the day your economy has to make things to sell to others. What does China have that other countries want, and what kind of jobs are those? China wants to control all sorts of markets but what they risk of doing to themselves is becoming a jack of all trades and master of none. Who will be working in the factories in China? If the cost of manufacturing goes up in China, then people will not want to buy Chinese made products.
@harrtybb
@harrtybb 2 aylar önce
@@ericcartmann Paul Krugman a popular economist and journalist said "Productivity isn't everything, but in the long run it is almost everything. A country's ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker” then furthermore “On an individual level, the high returns to education reflect its impact on labor productivity, with an additional year of schooling providing an average 10 percent increase in wages” (Psacharopoulos and Patrinos 2004). I don’t know why you are commenting on stuff you have no idea about. Productivity is a product of Labour skill and capital availability. Yes education is not the only factor but it is one important factor. It’s not a correlation it’s causation. Maybe Eric cartman, a 10 year old, shouldn’t be commenting about even simple economics.
@AvoidTheCadaver
@AvoidTheCadaver 3 aylar önce
The problem it seems is China has pushed its youth into tertiary education to suit a service based economy, despite the fact that China's main strength is manufacturing. Thr graph that shows China chasing down Germany's education rate doesn't mention one thing about Germany. The system there is much better structured for graduates, particularly from technical universities, to be placed in employment.
@victoneter
@victoneter 3 aylar önce
This is definitely it. China doesn't export or consume anything that needs workers with tertiary education.
@gutfriedvonguttenberg5614
@gutfriedvonguttenberg5614 2 aylar önce
Well, Germany is heading for a similar problem. There is a huge need for construction workers or the like, while many of the current workers are about to retire. All this while many of the unemployed are rejected because they are overqualified and therfore earn a higher salary (or would demand it early on after being hired). And while all this is happening, many young people are striving to qualify for "easy" jobs because it is becoming more and more obvious how badly even the better educated ones of the workers are treated. If you don't want to be under pressure nonestop, don't become an engineer, for example, but become his contact in HR and administration
@Gongolongo
@Gongolongo 2 aylar önce
Germaois headed to negative gdp growth. I don't wanna hear anything about it lol
@annaruby862
@annaruby862 Aylar önce
Another is with zero COVID even service industries closed. Manufacturing jobs and international exports have significantly reduced.
@mackie5004
@mackie5004 2 aylar önce
The last sentence of this young woman is incredible sad. Hope she finds a job soon
@aaap3875
@aaap3875 3 aylar önce
This is what the college grads in 2008 of the US went through. There's no easy solution. It will take years for the recovery and doom that generation.
@aruns425
@aruns425 3 aylar önce
How did those college graduates recover ?
@laylaminrir
@laylaminrir 3 aylar önce
​@aruns425 the first step would be settling for lesser jobs and lower their expectations. Odds jobs, temporary jobs, service jobs. Who knows how long they have to do it. And by the time 5years or so goes by they are most likely shunned in favor of fresh grads. Then they will have to invest into either upgrading their skills or going back to school full time.
@aaap3875
@aaap3875 3 aylar önce
@@aruns425 they didnt
@DeadManWalking-ym1oo
@DeadManWalking-ym1oo 3 aylar önce
@@aruns425The economy recovered I guess. They were out of jobs because Lehman Bros took down the US/world economy. Wasted several years though and probably had to compete with younger fresh grads.
@thekonkoe
@thekonkoe 2 aylar önce
I think there was an interesting subtext running under this set of stories which is that it’s not clear what the government or anyone else can do about this. Almost all the people featured pursued degrees in what were recently major growth sectors of the economy or for socially desirable roles. The skills mismatch is made more acute without a clear signal of where new growth will be. There’s some public messaging around manufacturing but it’s not clear how much that sector can grow in terms of employment. The entrepreneurs trying to move up the value chain in agriculture is a reasonable bet, but it’s not clear what type of support people are getting in trying out such options.
@chacha04241981
@chacha04241981 3 aylar önce
The drive of the young man towards the end will be going far in life. People with his mindset always find a way. Best of luck to the entire 🌎
@baardagaam
@baardagaam 2 aylar önce
not to the enire world please :) The worldwide job market is a zero sum game, so succes of 1 person equals the failure of another :)
@galanta3534
@galanta3534 2 aylar önce
That's not true, creating value is not zero sum
@andredecs6509
@andredecs6509 Aylar önce
@@baardagaam Not true, the failure can be for "A) nature", "B) future generations (current scenario)", C) A mix of them.
@mikecerda7228
@mikecerda7228 2 aylar önce
The same is happening in the USA. I was paid $10 a hour out of highschool but with $100 I could fill a grocery cart with food. Later at $17 a hour with a mortgage and kids I had little left over. Younger people understand the cost of living and expect their pay to be enough to leave their parents homes but it got tough during covid and everyone got accustomed tor $20 and up per hour working retail jobs. The lower the workforce the higher the pay now they will hire more people working less hours and lower rates.
@micheltibon6552
@micheltibon6552 3 aylar önce
Noticed this happening in Europe 30 years ago. Was wondering what all the young people were doing on the office floor with a BA/MA degree, and staying. Is called degree inflation. Luckily we were a society already transformed to a service industry and could afford these changes.
@apachekafka773
@apachekafka773 2 aylar önce
Till date Europe suffers same level of unemployment. Speaking from experience.
@jenshoefer7944
@jenshoefer7944 2 aylar önce
​@@apachekafka773not true, except for a few countries, unemployment rate hovers around 6%, some even come close to so called "full employment" status
@dabo5078
@dabo5078 Aylar önce
@@jenshoefer7944 Thats the total. Youth unemployment stats are different.
@jenshoefer7944
@jenshoefer7944 Aylar önce
@@dabo5078 in germany for example the youth unemployment rate is almost the same as the overall unemployment rate, both slightly below 6%
@lukewilson624
@lukewilson624 Aylar önce
@@jenshoefer7944 Uh, Italy? Spain? Portugal?
@oliviaross7703
@oliviaross7703 2 aylar önce
This is so unfair. People shouldn't be penalised for needing jobs that dont exist
@OniNekomon
@OniNekomon 2 aylar önce
Simple thing would be for the goverment to invest into entrepreneurship, but they don't want to do that as that would make the popualtion harder to control.
@apachekafka773
@apachekafka773 2 aylar önce
​@@OniNekomon What are you talking about? Have you even been to China?
@defaultworkouts
@defaultworkouts 19 gün önce
life itself is unfair. deal with it.
@user-zc4uv6ej2e
@user-zc4uv6ej2e 2 aylar önce
They tell you education is the answer, then when you graduate they tell you its not what you know but who you know that matters, without blinking an eye.
@jc080996
@jc080996 2 aylar önce
Who tell you "the education is the answer?" You seem got lost in the first place. 😊
@mia-fz3sg
@mia-fz3sg 2 aylar önce
@@jc080996basically the WHOLE society said so
@tedwong7037
@tedwong7037 3 aylar önce
The problem is education level has been climbing up too rapidly and chinese graduates are mostly focused on academic educations, not much blue collar educations. There is a vast vacant of needs in many areas, but only less educated people are willing to do those skilled labours, people just wanna sit in the office and that is considered decent.
@Nabrolo
@Nabrolo 3 gün önce
As the people have said a few times in the video, they would be willing to work those blue collar jobs but at a higher wage and not the cheap wages being offered.
@Theturtleowl
@Theturtleowl 2 aylar önce
I graduated in 2015, in a job market still crippled by the economic crisis and in a branche that was struggling. I really feel for these kids. I remember the idiotic demands some companies made. A masters for basically everything, even though a couple of years earlier that was not the case. They did it because they could. Now in 2023, these same companies are facing difficulty hiring people because the tables have turned. The boomers are retiring and now the employers have to think outside the box to get people and to get them to stay. Now there are not enough qualified people on the job market. The situation in China might turn out to be different, but I think there is a light at the end of the tunnel. To all the people who graduated: Don't give up!
@cmale123
@cmale123 2 gün önce
I think is these college graduates to blame getting lame degree. Going for a skill electricians or mechanics, lock smith, plumber, constructor, accounting. Nurse. These field alway opening because people use them every day. Having degree with no skill equal unemployment. Instead of apply endless job for 6 month. Spend next 6 month gain skill that people are look for
@judyleepack5678
@judyleepack5678 2 aylar önce
When I graduated from university, my cohort and I also faced a tough time with employment due to the usual economic cycles and lack of work experience. It certainly doesn’t help now since so many kids are going into university instead of suitable vocational training. Given that the current global economy is undergoing a major slow down, unprecedented credit pressures, and major geopolitical shifts, are we over hyping this as a unique China problem? Seems like my kids and their peers are in a similar situation here in Canada. Perhaps we can work through this down cycle as a global community as we have done in the past if we stop spending so much time, energy, and resources on global conflicts.
@jessehamilton4223
@jessehamilton4223 28 gün önce
I Feel bad for these Chinese youth having lived this myself after graduating spring of 2007. I’ve never had a job that required my business degree only low wage jobs and made more in the 90s as a kid working summer jobs than after graduating.
@emily8878
@emily8878 3 aylar önce
Maybe the government of China should look into subsidizing apprenticeships as a way to bridge the skills-gap. It could be done instead of government incentives to go toward college. The companies could train the workers who don't have the specialized skills (but do have other skills the company needs). The money lost from subsidies would be replaced by the new workers' income tax. *Edit: I got to the point in the video at 35 minutes in where it talked about the very thing I had suggested.
@johnnyjayzeboomboomroom9163
@johnnyjayzeboomboomroom9163 3 aylar önce
Love and give student money to go to post graduate school it will buy them time and get their population more educated maybe that grant can pay for real estate as well at least rent all those Chinese property out
@LimWJ2023
@LimWJ2023 3 aylar önce
Government needs a program funding those fresh grads assisting them career switch and those who are bringing back income to support family that are unemploy.. Need to address these unemploy fresh grads on situation and what the government can do for them to help.. Those fresh grads needs to know the situation and can't be choosy. Need to adapt to changes.. It is not new crisis... It had happen to other countries.. Singapore are one of those countries that deal with this crisis well.. Can look into how they do it as reference.
@chengyixin9953
@chengyixin9953 Aylar önce
The problem is that during China's lockdown, many companies were unable to continue operating and closed down. There were more and more graduates but fewer and fewer job opportunities. But more importantly, imagine if you graduated from college, you wouldn't expect to work as a factory worker or delivering for Uber, you'd look for some high-paying job. And many college students are unwilling to return to their hometowns to work because they think big cities are more prosperous. This has led to more and more college students graduating and staying in big cities, preferring to wait without any income until they find a 'decent' job. For example, if you are from India or Bangladesh and you want to stay and work in New York, the Americans will not give you a work visa or green card. At this time, many people would rather stay in the United States without income or work in restaurants rather than return to their hometowns.
@JosephSolisAlcaydeAlberici
@JosephSolisAlcaydeAlberici 3 aylar önce
Youth unemployment rate in China has something to do with overemphasis on higher education, at the expense of trade and vocational education, that not having a university diploma may affect future prospects of getting married.
@herpderp9394
@herpderp9394 3 aylar önce
yea this is an issue especially in first world/developing countries. Too many highly educated people but not enough jpobs
@ditsygirl5409
@ditsygirl5409 3 aylar önce
@@herpderp9394not true, it’s more prevalent in developing countries or struggling failed countries than first world countries to have high youth unemployment rate.
@SpaghetteMan
@SpaghetteMan 3 aylar önce
@@ditsygirl5409 sounds like you've never been in any actually competitive profession. There's a limit to how many STEM graduates any country can absorb, there's plenty of high performing college grads working blue collar or hospitality jobs in the West.
@hockheekwek8431
@hockheekwek8431 3 aylar önce
CNA insight, kindly run some videos of homeless sleepers in USA and Canada. We could like to see what would the reactive from the democratic run governments and also the discharge of radio active water into the ocean. If it is safe it can use for the own farming
@katrinaghm
@katrinaghm 3 aylar önce
I hope these young people will find a way out.
@goodfella_
@goodfella_ 3 aylar önce
Yea, back to the rice field
@junkyard3924
@junkyard3924 2 aylar önce
Small business is the future believe me. Don't work for cooperate.
@iamcanadianedmonton
@iamcanadianedmonton Aylar önce
empathy for the students. but don't give up. keep your head high and be positive. i remember when i graduated a long time ago, the job market was so poor that we had ph.d. people working in very minimal jobs. when the oil price crashed a few years ago, we had oil companies vp working in gas station. so keep a positive attitude, the sun will always rise the next morning. love from canada.
@flaviomulatojerkin
@flaviomulatojerkin 2 aylar önce
This is mainly due to the huge number of graduates and basically, the job market is stagnated for this kind of kids. The thing is that when you have a high degree in China people tend to only work on their studies area, not wanting to embark on other career paths, this is a mentality problem, not a structural one. Chinese recovery from COVID-19 was bad only because of the government. they didn't end the lockdowns at the proper time and it was a bit unnecessary to do it. The problem with the job market for the youth is not only in China, just ask how many Europeans or Americans are working on their studies area and then you will see. I want to point out that this is not a straight failure, but it needs to be solved soon. I nearly cried with that girl at the end of the video, I hope she gets a job soon, even just to pay for her necessities.
@user-cb3lx4nv4f
@user-cb3lx4nv4f 2 aylar önce
Everyone wants to work in their studies area, but not everyone can find such a job. These young people have not realized this yet.
@flaviomulatojerkin
@flaviomulatojerkin 2 aylar önce
@@user-cb3lx4nv4f yes, they should pursue other branches and industries and not getting stuck on that thought they have to land a job in their studies, that's what is driving this youth unemployment, you cannot only blame the government,
@jcjovic
@jcjovic 3 aylar önce
That's why many people got their small family business so their children can run the business while looking for their favourite jobs. We Malaysians did that. Even we got into niche market - plants nursery, coffee shop, small bakery etc... Try to learn some niche skills - animal grooming, pets care, ...
@citizenscapital2458
@citizenscapital2458 2 aylar önce
Yes, this is the solution. It works.
@justanoman6497
@justanoman6497 Aylar önce
This isn't just an issue in China. There have been an overvaluation/marketing of college education in many countries, including the US. This is because it used to be great. Once about a time, only the best and brightest(and some rich/powerful) get to go to college. So naturally, their out come are great, not just because they are college educated, but also because they are the best and brightest(or rich and powerful). In some ways, college is but a certificate for talent. But as college becoming increasingly common, that's no longer true. In many places, college educated have became the norm, so it is no longer a hallmark itself. Instead, competition is back to primarily merit, which the college education is no longer a proof of. Fundamentally, this is a societal problem at large on the perspective of colleges. While "everyone is created equal" sounds nice, it is just factually not true in regards to aptitude. People have different talents at different things. Many people just aren't book smart. Some are, for example, great with their hands and would have made a great tradesman that could earn more over mediocre grades at mediocre college but are pushed toward college nevertheless. As for the actual talentless, to be blunt, it is better to subsidize their life for... life, than having them waste educational resources and then have to be subsidized for life anyway. Barrier to entry for education/training based on meritocracy is not a bad thing inherently. The problem, naturally, is that this might be bad for the economically/socially disadvantaged, as almost all test of meritocracy is affected by prior education/training. But the solution to that should not be blind admission via lowering of the barrier, but rather attempt to provide better early stage education/training to them. This, btw, is also the reason why I dislike the concept of AA and any other such programs. While it might be the simplest solution and, if all else fails, a better-than-nothing compromise, the reality of the result tend to be grim. Given the high rate of, let's be honest, economical failures of college graduates, those who are barely able to get in through any preferential program are even less likely to be successful. So the end result tend to be an increase of student debt laden individuals among already disadvantaged population. it would be far better, IMO, to find ways to shore up primary and secondary education for the disadvantaged. This might take longer to see any results, but would actually help those who are talented but merely lack opportunity. As for those who, in the end, not suited for a paper education, they would know so sooner and look for alternatives. As alluded earlier, trades can be quite lucrative and we need more people in them.
@darrenkwok84
@darrenkwok84 3 aylar önce
In Singapore, early entrants seems well received typically baring in mind biz environment. One area of concerns for jobs may be for mid-careerist and thereafter groups of new young seniors
@prapairatwotticharoenvong117
@prapairatwotticharoenvong117 3 aylar önce
I graduate in 1997 during Tom Yum Kung crisis. Most of my Thai friend opt for higher education sponsor by their parents. It's took some time for job markets to recover.
@housebird321
@housebird321 2 aylar önce
Thanks for elaborating and narrating the difficulties of young people unemployment's rate in China. I do not know the concerted reasons why for the situations are never proposed. It is not a generation issue, but the country system problem. Everyone knows who did it and you cannot raise a name for responsible for it. That is ridiculous.
@ericf1461
@ericf1461 28 gün önce
You blame the whole situation on A MAN?? Pathetic 😤😤😤
@s._3560
@s._3560 3 aylar önce
Most countries are experiencing stagflation and shrinking economies now, thus more unemployment is to be expected. Singapore too is having a tough job market with many unemployed from around the world flooding it. Despite all this bad news about China's shrinking demographics, they still have a huge workforce; only that the young are currently a little overqualified for the available jobs. They just need to adjust their expectations for the time being to the current market conditions. It is only temporary but necessary to increase the country's productivity and help it pull through. Time to think laterally and apply some street smart not just book smart. '吃苦'' is not to be literally interpreted as ''eating bitterness'', but rather it means being resilient, having endurance and working through difficulties! Their educational system could do with more sports and outdoor activities that takes the kids out of their comfort zone and challenges them earlier in life. It will help them to develop personal skills they need in life!
@victoneter
@victoneter 3 aylar önce
This is not true at all. Unemployment is at record lows in the west.
@dabo5078
@dabo5078 Aylar önce
@@victoneter Go see the tech sector layoffs lol.
@Adyen11234
@Adyen11234 3 aylar önce
It's a much more serious problem than the video implies. Unemployed people won't go out to build families - which means another generation of low birth rates, and a continued downwards spiral etc, etc. China's failure to take care of this explosive unemployment problem will mean a continuing drop of population that the CCP will not be able to control.
@Dan8254
@Dan8254 3 aylar önce
The worst thing is that following CCP's criteria: anyone who works for at least 1 hour per week is considered employed.
@edmundtan8506
@edmundtan8506 3 aylar önce
his father is actually correct master's degree is not supposed to have so much graduate if the standard is substantiated
@hanzocloud
@hanzocloud 3 aylar önce
Masters degree doesn’t mean higher level degree. Its essentially just another bachelor degree, same thing as doing two degrees…
@wicket_gate
@wicket_gate 3 aylar önce
@@hanzocloudsurely. That’s why I dropped out of my masters program
@steauafan4ever
@steauafan4ever 3 aylar önce
@@hanzocloud that's not true, masters degree is a higher level than bachelor, hence why after masters you can do a PHD, but you cannot do a PHD with a bachelor
@hanzocloud
@hanzocloud 3 aylar önce
@@steauafan4ever yes and no. People doing bachelors and master can be in the same class if studying the same subject.. so it’s not really higher level in that regard . It essentially just means the person studied more longer
@MsSkullomania
@MsSkullomania 10 gün önce
I think people would be interested in factory jobs if those jobs offered benefits . My mom use to work at a toothbrush factory she was full time , got benefits and even received profit-share . After 25 years she finally retired but in her final years noticed all the new employees were part time . Part time employees don’t get benefits . Work accidents occur more often in a factory environment , not having healthcare definitely keeps me from working a labor intensive job.
@MonaMoreish
@MonaMoreish 2 aylar önce
so . . . at some points, my nephew come to me and asked about his job searching. so when i asked why he choose his specific degree in college, he said that according to statistic, his degree has a large number of demand from job market. i had to explain to him that, such demand would have to be compared to the amount of applicant and graduates. And also most of job would require certain amount of experience, not only a degree. So in the end he would have to search for some small project to fill in his CV and hoping for more things.
@upthedown1
@upthedown1 3 aylar önce
The parents and government should consider preparing the youth for the jobs that are actually needing workers. Jobs that need to be filled. Must be strategic and logical. If you want a paycheck go after the actual available jobs not a pipedream.
@thekonkoe
@thekonkoe 2 aylar önce
I’m not sure you caught it, but most of the highlighted people had experience or degrees in what were previously booming and growing sectors of the economy. The civil engineer and construction worker (who also had electronics factory experience) were hit by the real estate downturn. Pursuing an elder care degree is also very sensible but has to contend with compensation for many medical field jobs in China being artificially low. The guys starting the duck farm had their previous more successful business in the education sector which the government basically shut overnight. These were all strategic and logical fields to pursue.
@johng4093
@johng4093 2 aylar önce
@@thekonkoe Still, we have to adapt to the new reality as we find it. This will happen throughout your life. Technology evolves, previously common jobs disappear, society changes, and you have to adapt to find a place in it. Sometimes you can use your basic skills in a different area. You should be prepared for life-long learning. Seems unfair, but life is full of challenges, and we still have it easy compared to earlier generations.
@thekonkoe
@thekonkoe 2 aylar önce
@@johng4093 Yeah, I don’t disagree with your reply but I think the comment I was replying to was very naive. Life often doesn’t go as expected, but the people highlighted here didn’t really make any mistake they made very rational choices which haven’t worked out. I think the bigger problem is that government and business are not sending clear signals about what the growth fields for employment are in China. I think it’s even possible that the information ecosystem here is controlled in a way that it makes it harder than elsewhere to figure out where jobs are needed. There’s always a lag in retraining or transferring skills so at least having information on what is needed is critical. The truth is I don’t think anyone knows or is putting out a clear vision leaving people scrambling.
@annaruby862
@annaruby862 Aylar önce
​@@thekonkoe I agree. I'm from Australia and got a job in nursing when a shortage of nurses was expected. When I graduated, the jobs went to overseas nurses and hospitals didn't want new grads despite a shortage of nurses in the future. The government and universities should limit positions and fund graduate positions so there's not a mismatch. After COVID, they were pleading for nurses to return.
@jasonkeating9958
@jasonkeating9958 2 aylar önce
Most unofficial youth unemployment statistics say its the other way round 25% employed and 75% unemployed in a skilled profession they went to university for and most seem to consider this as roughly correct, Also the well known practice of university's and college's withholding their diploma if they don't have a job that can bump the numbers as there is obviously a fear by these institutions that they will suffer financial problems if 70% to 80% of students can't get a job except a delivery driver,
@windsong3wong828
@windsong3wong828 3 aylar önce
Covid had been tough on every country. All the Asian country have high youth unemployment. A lot of young graduates will have to take any jobs offered rather than the discipline they studied. In Kuala Lumpur,the rental for condos are BELOW pre Covid. Business is bad and everyone have to lower their expectations.
@InvestWithPrudence
@InvestWithPrudence 3 aylar önce
It's heart-wrenching to hear that. Flashback to 14 years ago, right out of college, I was filled with zeal and joined an NGO in Beijing. Six months in, with not a penny to my name, I felt the weight of my dreams clashing with reality. Seeking change, I ventured to West Africa, and that twist led me to further my education in the US. (Big shoutout to Notre Dame for the full ride!) That leap of faith transformed my life. Today, I'm blessed with financial freedom, have had the honor to teach at a university, founded my own company, and I'm pouring my heart into videos to spread financial knowledge and inspire others to truly live. I often wonder, if I hadn't taken that first step away from home, where would I be now? 🌍📚🎥🌱
@liangmincn
@liangmincn 3 aylar önce
So did you help people in Africa?
@HelloKitty-kb7ji
@HelloKitty-kb7ji 2 aylar önce
Aka how to brag without directly bragging
@antarabasak1055
@antarabasak1055 3 aylar önce
This is same in India. Post doctorate degree holder applies for government group c and d jobs where minimum eligibility criteria is class 12 or diploma holders
@MadAtreides1
@MadAtreides1 Aylar önce
I'm surprised by, as of late, every time I listen to news about some other country, how much similar everyone's situation is to our own here in Italy.
@edwardlumsianming3430
@edwardlumsianming3430 3 aylar önce
when you leave the university, you enter into the real world. Life after can be very challenging and hard
@christiansnaturestudio6599
@christiansnaturestudio6599 3 aylar önce
That's life
@christiansnaturestudio6599
@christiansnaturestudio6599 3 aylar önce
Your networth is your network. -Jim Rohn
@sanmcarl7336
@sanmcarl7336 3 aylar önce
Before you leave a message, you should know that they are a communist country, and you should know what a communist country means.
@user-in1jx2eg2c
@user-in1jx2eg2c 2 aylar önce
Precisely 😂
@timelinkx6585
@timelinkx6585 2 aylar önce
1.overall economic de-acceleration after covid 2.reducing of small and private enterprises due to increasing of labor costs 3. House markets which account for huge labor force declined 4.more vocational training schools required than universities
@perfectiontales
@perfectiontales 2 aylar önce
As a nurse it makes me sad that people get a degree in elderly care and eventually talk about it in such a rude way. I understand the pay is low (in China, in the Netherlands I honestly can't complain) so it may not be someone's first choice but to me it seems better to have a job instead of no job at all? Nursing and taking care of sick people/elderly should definitely be a calling. How would these young people feel if their loved ones would be treated/talked about like that? Maybe I should be glad that people who talk about caring for others in such a way don't end up actually working in the field. The young boy who admits being spoiled by his parents doesn't seem to ever be motivated to work. Obviously for a large part his parents are to blame.
@JudgeyJudgeyable
@JudgeyJudgeyable 2 aylar önce
It's because he doesn't want to spend his life being overworked while not making much money, until he is too old to move. Chinese companies will expect you to work to the bone
@HANBIN97
@HANBIN97 Aylar önce
He should have just gotten a different degree 👎
@HappyFunTimeMedia
@HappyFunTimeMedia 2 aylar önce
Require/reward companies to accommodate entry level positions and punish them for growing a company too slowly if they have the means to expand. All business should be accessible if you're personally invested in the success of that company though. All Positions a society needs should be visible and accessible for anyone to contribute to with the least amount of hassle. There need to be more incentives for taking on apprentices and new hires.
@kennylee1823
@kennylee1823 3 aylar önce
I think graduates returning to the countryside to learn and help is a good thing. The lesson here is be humble, don't squander your wealth to show off and... the parents?!
@MizzNyna
@MizzNyna 25 gün önce
I like this documentary as it's reveal almost most current issues where most china citizens might not like it but worth mentioning..jobless issue are rising in all over the world but from my own view its becouse high expectations from the fresh graduates themselves.mostly wanted to expect high salary less work load and doesn't have the drive to picture hard work becouse they think they are good enough to be employ without knowing that they have 0% experience..this is the problem..im sure job opportunities are huge regardless the ratio given like 1-3 applicants but in reality its not the case..you cant choose a job but you must grab it..start from the very hard level to reach higher level and do not choose position or career first becouse you never know its would be a good career in the future its all depent on individual motivation self level..for me as a graduate in corporate account but thats doesn't mean you have work at the bank or huge financial cooperation but atleast you hv a knowledge in accounting & financial sector..think of the sector itself can be described as super huge think..doing sales..service industry like hotels or F&B or factory's worker this is all about getting out of being jobless..you cant Expect to get high paid or immediate high position or does not need to work on Saturday & sunday..9-5 job..thats all rubbish as you also must realize you are not the one that own master degree or PhD they are million out there own this piece of certificates..focus now only get yr self employ thats the very first thing you need to set in your mind then only you be able to feed yourself
@JohnSmith-ps7hf
@JohnSmith-ps7hf 3 aylar önce
Master degree is just like a High school diploma in China. Even my dogs have MBAs. They are looking for new grads with double PhDs.
@user-sp3zf8ru6i
@user-sp3zf8ru6i 3 aylar önce
Oh… what's your degree then?
@zachu1587
@zachu1587 3 aylar önce
wow, your dog must be a lot smater than you.
@johng4093
@johng4093 2 aylar önce
Your dogs are so overqualified they probably can't even bark.
@nistalasuresh5837
@nistalasuresh5837 3 aylar önce
Mostly the policies of government lead to this high unemployment among youth.. The property market crash due to Evergrande, the crackdows on tech sector and after school tuition sector lead to demand and supply mismatches across country...
@bunnyfreakz
@bunnyfreakz 3 aylar önce
Tech Sector do not provides massive jobs for masses. It is specializing job with really small number of employment.
@bunnyfreakz
@bunnyfreakz 3 aylar önce
The problem is so many young people just overqualified. Their parents send their kids to study and get high degree but a sector that absorb those people just small. Low basic blue collar job such waitress, factor workers are always available. But OFC those people don't want work as blue collar worker if they have a prestigious degree. It is dilemma.
@RionAgrias
@RionAgrias 2 aylar önce
I've been turned down from service jobs in the US for being overqualified because they believed I would leave them high and dry. It's a double-edged sword.
@5688gamble
@5688gamble 2 aylar önce
Part of the problem is everyone wants the good jobs, nobody wants the bad jobs. This is measured on economics, the incentive is baswd on status and wealth- which it has to be if ou want a decent life. We need to stop undervaluing some peoples contributions so much and at least give everyone a shot at a stable, happy life!
@johng4093
@johng4093 2 aylar önce
Often we take the bad job and work our way up to better jobs as we gain experience. You can still get there in the end. But yeah, the obsession with status has some very negative side-effects. BTW, I know a school janitor who in his spare time bought and fixed up 4 very nice houses and could retire on the rental income but continues to work as a janitor. That's the kind of person I admire.
@yushi911
@yushi911 29 gün önce
I can understand the frustration. Most of these students are probably the first of their family getting a high education and they grew up hearing that a diploma will garantie them a stable financial futur. Actually, it helps a lot. But think this is a tool and not a fast track to success. So this is rhe first milestone for your search of success. As there are so much applicants, you need to think out of the boxe and honestly even if you finally get a corporate position, the conditions are not the best. I will open my own business or be consulting.
@citroniron8861
@citroniron8861 Aylar önce
Around 20 min of the video I have to agree. Young people want a job where they don't have to work overly hard or show real motivation. I see it with my colleagues. Two of them just lazy around from 8 to 11 before they really start to work. What are they expecting? It's a totally different generation than 20 years ago when I started to work. You had to show that your good then you got the job.
@sandeshrawat5949
@sandeshrawat5949 3 aylar önce
SAME PROBLEM IN INDIA EVEN WE ARE GROWING FAST BUT UNEMPLOYMENT IS ON HIGH HERE TOO
@tslee8236
@tslee8236 3 aylar önce
64% enrolled in tertiary studies means a substantial number of them, perhaps half, will be disappointed upon graduation. What is the jobs distribution by education levels in a society?
@wokkyman0830
@wokkyman0830 2 aylar önce
It's time for the young generation to start learning International Language "ENGLISH" and then start venturing internationally to seek jobs. The good thing about our country's economy even during the height of the pandemic, Call center jobs are still in demand, especially for young graduates.
@user-yc5px4yu4r
@user-yc5px4yu4r 11 gün önce
This is a common situation now, not only in China but all over the world. It's said that when China coughs, the whole world shakes. So, let us pray that China can overcome this shortcomings soon and continue to help other countries as before i.e. HS rail, bridges, tunnel constructions and infrastructures etc. So, stay positive.
@choonghengjie1026
@choonghengjie1026 3 aylar önce
I had the same experience 8 or 9 years ago in Canada. Not a single reply after 300++ application within 6 months. So I personally don't think this is a new phenomenon.
@TwinJalanugraha
@TwinJalanugraha 3 aylar önce
what was your university major?
@choonghengjie1026
@choonghengjie1026 3 aylar önce
@@TwinJalanugraha physics and mathematics.
@TwinJalanugraha
@TwinJalanugraha 3 aylar önce
@@choonghengjie1026 what kind of job were you looking for?
@choonghengjie1026
@choonghengjie1026 3 aylar önce
@@TwinJalanugraha research assistant, lab technician, business analyst, teacher, engineer, machine operator, administrator etc. I tried every possible job as long as the job description stated that my degree is what they are looking for.
@TwinJalanugraha
@TwinJalanugraha 3 aylar önce
@@choonghengjie1026 what do you do now? does it have anything to do with your degree?
@emily8878
@emily8878 3 aylar önce
Is banding together to form a co-op startup an option? If these graduates have the skills, why not form their own company as co-partners? They'd have to keep a low-overhead and acquire clients (hopefully giving them repeat business), but it could work if everyone is driven and if they have the resources to pull it off.
@head0fmob
@head0fmob 3 aylar önce
startup must have a product that society need not optional, only then it can scale. Also it need to have capital upfront, for marketing, operation, infrastructure, etc.
@emily8878
@emily8878 3 aylar önce
@@head0fmob True. This is why overhead costs need to stay low. I was picturing an online service-based business and not one selling products, and definitely not a brick-and-morter storefront. They could start an online business where they offer a service that they are skilled in. It'd only take their own labor hours, their laptops, an internet connection, their home office/bedroom, and a business license. It could be a slow start, which is why they need to acquire clients right away. But I think in these cases that I outlined above, it is feasible.
@user-ri4ch8zj4r
@user-ri4ch8zj4r 3 aylar önce
I don't know what services you are talking about but the macro environment factors has kill off alot of opportunities when they decide zero COVID policy. Services based you would need to be on site to provide end solutions. China being a very big country, remote places such as steep slopes and pot holes are common in countryside areas. Words and ideas are always easy to initiate that's why the Chao yang brothers had to pray and make sure their decision to go countryside has to be a success.
@liuyanbo6510
@liuyanbo6510 2 aylar önce
If in all other countries around the world young people were getting well-paying jobs, this would make sense.
@Thamometer
@Thamometer 3 aylar önce
That boy who studied elderly care but refused to work in the care industry is too pampered. Healthcare is an essential service, and the population is ageing. He can definitely secure a job in this industry. With enough experience, many developed countries will hire such staff as well.
@user-dk4ko8yj9u
@user-dk4ko8yj9u 3 aylar önce
他可以送外卖做直播,并不需要去做那些辛苦的工作
@shahirashamshulanuar3511
@shahirashamshulanuar3511 3 aylar önce
I agree with your point but unfortunately the wage is so low. He mentioned it that he will be paid only CNY3000-CNY4000. It’s extremely low. How’s he gonna survive too?
@No_Masterpiece
@No_Masterpiece 3 aylar önce
Those people just have to accept that too many highly educated people graduate with a BA/MA, there are simply not enough places and they have to apply below your level because you ultimately want/need to earn money, that is realistic.
@prst99
@prst99 3 aylar önce
They also need to consider emigrating out of China.
@archdraong
@archdraong 3 aylar önce
@@prst99The thing is, not everyone would have the same opportunities to emigrate out as well. If they aren't considered a vital talent domestically, what makes you think companies overseas will accept them as well? Not to mention they will face pushback from the local populace as a result as well.
@prst99
@prst99 3 aylar önce
@@archdraong emigration is not possible for all of them I know. Nothing in life is completely open to everyone. However, the video doesn’t even mention it. It is a viable pathway that they should consider and I am not given the impression they have considered it. My ancestors took that path and many other highly educated and underemployed Chinese emigrated to great success.
@khalidalali186
@khalidalali186 2 aylar önce
Ironically, as someone with a PhD. Being a carpenter, master welder, and plumber. Has allowed me to buy a home of my own, at 34. Along with affording me the luxury of traveling twice overseas, to Europe for vacation, all the way from Western Asia. P.S. I’m a millennial, who just turned 35, a mere four days ago, btw. 😅
@steevek
@steevek 2 aylar önce
There are million of graduates come out from uni in China every year. Same as the situation in the west, for most of them it is not easy to get an ideal job within 3 months, except for those outstanding ones. But CNA should not worry about them, they wont get starvation beause of unemployment. Most of them will manage eventually in lesser pay or tougher work environment. Some will return to their parent home for some sort of financial support, or return to village to be part of their homegrown factories in the villages, or start their on small business. In no way they will run out of food and shielder. They will wait for better opportunities to grow themselves for better living standard, all chinese knwon this. After all China is a socialist country and they are rich enough to handle themselve. CNA should focus more in their own social problems in USA, such as more than half a million homeless in the streets, badly run-down infrastructure, high unemployment rate, public security, unffordable public medication service, etc etc
@rickyay26
@rickyay26 4 gün önce
Many of you students need to know is this is common. It took me two years to find a job I really wanted. Hang in there
@irondragonmaiden
@irondragonmaiden 3 aylar önce
And, as it happened with the other countries (like the US with the 2008 Recession), it will have a domino effect of fewer employment because fewer people consume since they don't have the money or (even if they have just enough to live through paycheck to paycheck) don't have enough disposable income for other things. And so, less demand in certain sectors, ergo less employment.
@somebodyimportint5791
@somebodyimportint5791 2 aylar önce
They are so well educated that they do not know that their population was designed as cogs in a wheel to represent low waged factory working class. Like a lot of other posters here say, there are not enough managerial jobs to go around. Not to kick their backs in but time to face reality. Someone has to be a waitress, someone has to be a janitor, someone has to be a criminal its just the way the world society is designed to function as a whole.
@christiansnaturestudio6599
@christiansnaturestudio6599 3 aylar önce
A degree alone isn’t enough. You have to have certificates, technical skills, internships, etc
@eduardochavacano
@eduardochavacano 3 aylar önce
And you have to be good looking.
@johng4093
@johng4093 2 aylar önce
@@eduardochavacano If that was the case I would have starved to death.
@ToreDL87
@ToreDL87 2 aylar önce
Sadly it's a common issue everywhere. Smartest thing you can do these days is just high school and maybe college, then get ANY work right away even if it isn't something you're interested in, and ply that trade with a vengeance for a couple of years, basically like school but you get paid. A couple of years of work experience with good attendance and written testimony of going above and beyond is worth more now than masters super duper bachelor genius degree, you just have to look at those 1-2 years as competitive school but you get paid, boring AF but will get you somewhere. From there you can do courses or university, which, along with actual working experience, will get you into any profession you want.
@VBHB83
@VBHB83 3 aylar önce
It's happening all over the world. If you have Government connections you can get job easily.
@Sjb2077
@Sjb2077 2 aylar önce
Its sad for these young people. Have to say, their situation has been experienced in the West too. They must keep trying and keep learning and keeping up with their chosen career.. Even if they have to use their own books, .
@philz3ro823
@philz3ro823 2 aylar önce
Wow, tremendous work! Well done and thanks for the documentary.
@personagoldy6003
@personagoldy6003 3 aylar önce
The young generation has a though time. I can see it everywhere. Usa, Europe, Asia. Good luck everyone 👍 keep strong
@bertdejesus3578
@bertdejesus3578 3 aylar önce
Civil Engineers can be good facilities or grounds engineers in any types of buildings, factories or industries.
@LianaBuzea
@LianaBuzea Aylar önce
For the two guys at the end of the documentary: people won't laugh at you! Many are in a similar position, while others would understand your tough spot right now. I hope you find the right jobs for you!
@GreekArmyVeteran95
@GreekArmyVeteran95 2 aylar önce
Their only solutions are either to join the civil service or the military/police, start their own business, work any other job to survive (and abandon their dreams and aspirations forever), or emigrate (the only way they can save their dreams). Those who cannot make it must live with the fact that their dreams will be destroyed forever and this will kill them mentally. I am from Greece, where youth unemployment once hit 60% in 2013, then halved to over 30% where ist remained constant for a decade. Most of my dreams (join the Police, become a Greek Special Forces operator) were shattered by the crisis (spending cuts and negligible hiring). I managed to save whatever was left and emigrated to Germany, where I finally found some peace (even during these turbulous times). Others were lucky in Greece, many emigrated like myself, many however will spend the rest of their lives scraping by without perspectives. I really feel for the Chinese youths going through what I did. It's pure Hell.
@concernedcitizens4110
@concernedcitizens4110 3 aylar önce
When your government is too busy pursuing an irredentist/imperialistic policy the population suffers. The rest of the World also suffering the same or in even worse condition than China. India is also suffering the same situation like China they now have too many workers and not enough jobs more Indian graduates are now moving to the US, UK and Canada for better salaries.
@user-gj3by8oy5u
@user-gj3by8oy5u 2 aylar önce
Thank you for speaking for us. It’s fair and objective.
@robbrand922
@robbrand922 3 aylar önce
In China, the problem is the mismatch of job seekers expectation and reality. There are millions of jobs unfilled in service and blue collar space but young people don't want those jobs.
@GrassMudHorseLand
@GrassMudHorseLand 3 aylar önce
Yeah, because the job is really, really bad. Not to mention, it won't cover the spending for food, rent, utility bills and etc.
@jw2473
@jw2473 3 aylar önce
Yea Starbucks coffees invaded $40 rmb per cup lol
@jennywong1221
@jennywong1221 3 aylar önce
millions of works? you mean that work 10-12 hours every day and take a day off one week?😂
@salterrae2525
@salterrae2525 3 aylar önce
Exploitation and abusive working conditon is not conducive for these graduates.
@justrandomotaku
@justrandomotaku 2 aylar önce
The problem comes with the source as well. Need to create more jobs with decent minimum pay I.e more entrepreneurship and support for companies and better labour laws. Unfortunately I don't see that movement in China now. Zero covid policy had shuttered so many businesses.
@hikashia.halfiah3582
@hikashia.halfiah3582 2 aylar önce
This youth unemployment problem with "skill mismatch" topping, is what happens when you become too productive and the economic value is snatched by those living in the top and in the city. The rest of the population only work to service these urban elites. As productivity increase, and natural resource stretched thin, it's prudent to reduce population so as not to be a burden. What we see is simply natural kneejerk reaction in progress, with a lot of pain, with final effect of reducing population, which is Earth's response to human over-exploiting of its resource (mainly through over population).
@sint2548
@sint2548 2 aylar önce
大丈夫能屈能伸,高等教育輔助知識,但不增長隨機應變,處世之道的常識。I am a Thai, 77 years old, so I can’t speak for other countries. In Thailand, the top entrepreneurs mostly do not have university or even high school education. But so many Ph.D. working for them. Most of them started from bottom up, as street vendors, salesmen ………… in my own generation and social circle, in average, my high school (some even didn’t finish) classmates do better than friends going to universities. Please do not get the wrong message that I discourage university education. What we all need is the fighting spirit and wisdom of survival.
@davenobody407
@davenobody407 3 aylar önce
I think 21% is actually not bad. The youth here is defined between 16-24 yrs old during the month of June, when the Chinese schools generally end their spring term. Even in Europe or the US, the job opportunities for that age group are very limited - most of them will be working in the very basic service industries- like restaurants, coffee shops and fashion stores etc. Also they need seasonal jobs as in autumn most of them will have to go back to the schools. More meaningful stats will be youth unemployment between 21 and 24 who just left their higher education or vocational trainings, but there is nothing to report. I think someone wants to send out a political message but is very misleading on purpose.
@doujinflip
@doujinflip 3 aylar önce
Blame the Chinese government for defining their own statistics that way.
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