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Navigating China's Youth Unemployment

The surging youth unemployment rate in China has raised concerns, reaching a record high of 19.9 percent and notably affecting young people aged between 16 and 24 years. As the nation grapples with economic challenges, including a slowdown in GDP growth and waning private confidence, the job market remains tumultuous.

Amid China's challenging employment landscape, Chinese students are reevaluating their plans for overseas education. Reports suggest that an increasing number of students now prioritise job prospects, considering the uncertainties prevailing in the domestic economy. Consequently, the allure of studying abroad is being weighed against the realistic prospects of finding suitable employment upon their return to China.

Traditional career subjects such as education, healthcare, and technology are witnessing a surge in popularity among Chinese students. These areas are perceived to offer greater job security and potential for growth, making them attractive choices amidst the backdrop of a demanding job market.

Statistics from China's Ministry of Education reveal that approximately 80 percent of Chinese graduates who studied abroad between 2016 and 2019 returned home after completing their studies. This highlights the importance of aligning career services in foreign institutions with the job market in China and assisting students in finding suitable employment prospects upon their return.

Chinese students may also choose to delay joining a competitive job market by extending their studies or enrolling in postgraduate programmes. This may improve students’ abilities and credentials while allowing them to be better positioned for potential future employment opportunities.

References

China Youth Jobless Rate Hits Record 20% in July on Covid Woes. (2022, August 15). Bloomberg. Retrieved July 21, 2023, from https://www.bloomberg.com/news/articles/2022-08-15/china-youth-jobless-r...

Liu, J. (2022, August 19). Chinese Students Prioritise Job Prospects When Choosing Degree. Times Higher Education (THE). Retrieved July 21, 2023, from https://www.timeshighereducation.com/news/chinese-students-prioritise-jo...

Students Stay on at University Amid Depressed Jobs Market. (n.d.). University World News. Retrieved July 21, 2023, from https://www.universityworldnews.com/post.php?story=2023071714470629

Wigglesworth , R. W. (2023, May 24). The Chinese Youth Unemployment Phenomenon. Financial Times. Retrieved July 21, 2023, from https://www.ft.com/content/420b28b6-6db9-475d-b3c3-b5685516a06f

Yao, K., & Cash, J. (2023, July 17). China’s Frail Q2 GDP Growth Raises Urgency for More Policy Support. Reuters. Retrieved July 21, 2023, from https://www.reuters.com/world/china/chinas-q2-gdp-growth-slows-08-qq-jus...

80% of Chinese Students Return in China After Graduating Abroad. (2022, August 23). Erudera. Retrieved July 21, 2023, from https://erudera.com/news/80-of-chinese-students-return-in-china-after-gr...