‘Can’t sleep at night’: China’s youth worry about tough job market

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BEIJING, Aug 20 — Freshly graduated psychology major Zhang has failed to find a job in her chosen field of market research despite sending out thousands of CVs to Chinese...

BEIJING, Aug 20 — Freshly graduated psychology major Zhang has failed to find a job in her chosen field of market research despite sending out thousands of CVs to Chinese employers.

Recently, the figure has hit a record every month, with 21.3 per cent of people aged 16 to 24 jobless in June. Yang Yao, an unemployed 21-year-old with experience in media, was disappointed after browsing advertisements at a fair in central Beijing on Thursday where employers mostly sought staff for low-paying sales and administrative positions.

“Recent activity data generally came on the weaker side, suggesting that the recovery is stalling,” Jing Liu, Greater China chief economist at HSBC wrote in a note this week.Xie Wei, a 39-year-old hiring manager at a telecommunications services firm, told AFP that companies that had survived three years of disruption during China’s zero-Covid pandemic restrictions were now more selective when taking on new employees.

However, Li Xiangyang, a 26-year-old former social media manager looking for a new job, said that “maybe in terms of promoting employment we are somewhat lacking”.

 

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