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.
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
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.
Why would ever China punished people for that, too much lies from western media! China won't publish data to the world, be it real or not real, western media will manipulate it to smear China, I have seen too many anti China channel geared up recently because China is overtaking the west on every corner!
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.
Remember, China has a communist government structure but in reality their economics is capitalism on steroids. Sure the government owns most of the stuff, but still private corporation is basically exploiting people. The opposite of what a communist society should be obviously.
Also, the fact they want youth to take up STEM education while not creating enough jobs in that field. Foreign companies are wary of sending such jobs to China because they fear their tech will eventually be stolen.
agreed, and people will overwork because they believe this will keep their job safe, but unfortunately it's the way our economic system is setup, it will only favor the rich and we will just become corporate slaves, and slave to the dollar :(
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.
as long as there are people willing to reduce the workforce because they can gain more money, then we will have a situation where there's not enough jobs, it's a vicious cycle, and this is unfortunately not simply related to one generation, many of us gets affected. You might think that the older generation had "made it", but there are still many of us unsure of our future as we near the age where people will want to give us less opportunities, it's just like health deteriorating etc. I don't believe in this capitalistic world we can truly feel certain or safe in our future without working and having lots of money, until we can get out such systems, we're all in an unfortunate struggle of existing.
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!
I'm glad I see some in your generation do genuinely care about the ass backwards situation my generation is in. I'm not part of the loud ones who just blame the 'boomer' generation and whine, but it's hard not to take offense at 'just get a job like I did lazy ass! like they did any hard university studying where we were expected to prove so much, for so little gain. sigh, hopefully something changes sooner rather than later before we squabble too much
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.
Please give up. There's no future for you in capitalism. You deserve more than wage slavery. You deserve to live in a truly democratic world that you have agency and an actual future in
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.
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.
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.
I saw another CNA documentary where I remember that it's quite chilling that people are calling the youth 'snowflake' for being reluctant to OT for free
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.
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.
@@CreativWyse cause it cuts profits. Corporate conservatives of the world that adopted the american dream, the main function of it is to outsource jobs to poor countries and maximize profits. They rather buss in illegal immigrants to do these jobs, its why its soo common around the world, they are using the same exact practice.
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!
China is at peak projected population, and there are too many people now. Not everyone will get a good job. Lots of people are going to be relegated to working low paying high demand jobs like doing deliveries. They were born in the wrong generation. Nothing anyone can do about that. 只能认命。
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.
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.
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.
Unfortunately, this is a vicious cycle as the Chinese government was too complacent in their thinking that they (China) will never be "phased out". It all begun with the lack of local entrepreneurship endorsement in China. As there are some corruptions from county to municipal all the way to the central government, it's usually the few company with government-relations that secure the projects. and where new company (which is the fundamental basis of capitalism) gets "cocky" or onto the bad side of the government, they are often either forced to comply or be forced out i.e. Alibaba. There reduces the incentives for entrepreneurs to create new business which would improve employments. Another issue is with the label "World's factory" which the Chinese people mistakenly took pride in. The red flag is this moniker is that all of these brands/manufacturers are actually international companies whom simply set up their production line in China due to being cost-efficient. The First push was by then and former US president Donald Trump attempting to force US companies like Apple to migrate their productions back to the States. The Final push was China's zero-covid policy and unpredictable lockdowns which persuaded these international giants that there is no way to cease production and cripple their own business for 1-2 years simply on China's wimps, and had to make alternatives arrangements in other SEA countries e.g. India and Vietnam. Anyone would be sadly mistaken if they think that these companies would flock back to China, closing down their alternative arrangements which investments have already been made. At the very least, there will be a proportioned productions which partly reduce labour in China. At worst, complete production migration, which is complete termination of labour (which is what is currently happening with alot of the factories in Zhu Hai). This has a major ripple effect as these mega factory complexes have their own economical eco-system, where Logistics, F&B, retail and dormitories' businesses prospers. Bottom line - Common Prosperity is flawed. This meant that Business should contribute or pump their profits completely back into the community so that every one "prosper". The caveat is "except the business owner" whom founded the business because HE/SHE wanted to make more money for HIM/HERSELF (Hello Capitalism). Look at all Communist societies, which one had their entire community prosper strictly based on the communism ideologies. All developments are at the compromise of introducing capitalism. And when capitalism is removed, all will revert back to its rightful place.
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.
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.
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.
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
@@gutfriedvonguttenberg5614 There is no country on earth skewed in such a way that 60% of the available entry level jobs needs a degree, and only 40% do not. There are only two possible solutions (1) reduce the number of available places in university so that fewer graduates are produced. The competition will take place only at the university entrance exam. If universities produce only the number of graduates needed by the economy or fewer, every graduate will get a job. (2) accept that not every graduate will get a job related to their degree. When the number of graduates exceeds the number of jobs available, of course the employers will pick who they like best. Here, the students will need to realize that the competition doesn't end after they get into a university. They will still have to get very good results and pad their resume in such a way that make themselves attractive to prospective employers. The trouble is most countries have chosen (2) but students mistakenly thinks that they are in scenario (1).
@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 You're implying education increases productivity/skill when by large that is barely the case anymore. Rather Education is merely used as a filtering mechanism to get higher paying jobs. Universities are by and large are scams. Most students cheat their way through especially Chinese, always trying to game the system. I work with Chinese Grads and they are some of the dumbest people on the planet.
@Usernamedefault. I rarely comment on youtube but I think everyone is entitled to their opinion. I don't know economy. While productivity is a thing, the sheer size of China is THE problem. Based on this video, we ultimately have a supply and demand problem. Too many people and not enough jobs. China has real opportunity here to leverage its leadership power, to organize Country wide employment planning and get people to train for the right skills where the country needs. Germany did something similar. A lot of problems in this video are supply and demand problem. Try to balance them will be a good way to go about it. Higher education is a given, but the right kind of education will help these poor students to not be so lost right out of school.
I am Chinese. I believe the biggest issue with Chinese education is the lack of emphasis on the reasons for studying. When students engage in coursework, they aren't informed about its practicality and necessity. Instead, they simply study and then prepare for exams. This educational system often leads to significant distress among students. They're unable to pursue subjects based on their interests and passions. Additionally, to excel in exams, students must prioritize their academic pursuits over other interests, leaving them confused about the meaning of life, their identity, and their purpose. The root of this problem lies in China's societal obsession with academic qualifications. The primary criterion for government and corporate recruitment is often one's academic credentials. Even if individuals possess unique talents and abilities, they may find themselves unable to leverage them. While I recognize that this issue exists to varying degrees across global societies, in China, with a population nearing 1.5 billion, the problem is particularly severe, and the competition is incredibly fierce. I believe the only viable solution lies in economic development. However, for those of us caught in this whirlwind, we're forced to participate in the frustrating academic competition game.
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.
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.
@@xiphoid2011 The fact you're quick to insult me shows just what kind of lowlife you are. Where did I say I couldn't find a job personally? I had an engineering degree from one of the top 20 universities in the US. I know what my school's own counsellor's office gave us in terms of data. The government's unemployment data is utter crap since it doesn't account for way too many categories -- like if you never held a full-time job before, you don't exist on unemployment stats.
Generally anything that is not a hard STEM degree or in the medical field. Typically any art / humanities degrees will fall into the "useless" category. @@merrytunes8697
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.
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.
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.
@@patricew.4010 A financially stable and happy family won't have divorce problems. If you want to blame anyone, blame those who can't handle having a relationship.
@@zhu_zi4533 It probably won't be a problem for those who live out in the country-side or someone who is self-sufficient, but urban-folks will *not* like explosive price increases in food and commodities when food and transportation becomes rarer from less people doing it, and thus more expensive. Population shortage when talking about an economy/country is not just "less people living around you", it's "less people working, thus everything starts becoming premium", including many day-to-day things everyone in cities take for granted (like workers that keep water sources running or repairs roads or transport things from outside the city into it).
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.
The same in the USA. I have a masters and thankfully found a good job after being laid off for over a year however lower paid jobs wouldn't take me since I was over qualified
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.
We also need to be realistic in job requirements. Especially since 2009 too many companies have required degrees for jobs that do not need a degree. They are just using that as a filter for competency or for willing to put in the work. Get realistic about what you need. If the job does not require specialized knowledge that is taught then drop it as a requirement and evaluate your candidates based on their skills not how many years of school they have attended.
A company may go bankrupt, but a small studio or Soho may be more likely to survive, especially now that highly efficient production tools such as AI can make one person an army.
@@galanta3534 yes, but creating value is (in almost all cases) not done by employees , but by employers/entrpreneurs Certainly in sectors of huge unemployment
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, ...
I think learning a specific skill by going to a trade school (to become an electrician, car mechanic, dental hygienist, etc) is more financially feasible (and maybe have a higher return on investment) than going to a traditional university, getting a bachelor's degree, and looking for a decent corporate job (which is much more competitive since so many people have the same exact degree)
I graduated in 2022 in one of chinese university, and now become a software engineer. In fact,the unemployed rate of people who over 35 years old maybe much higher than younger. But there’s no actual unemployed toll or rate about this. I hope Wei, the author, can do a survey about this , thx.
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.
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.
With the “woke/diversity” culture, companies are actually watering down the positions. They now hire high schoolers to fill positions once reserved for college grads.
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.
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.
I’m Indonesian studying in California and I have a Chinese roommate. She’s pursuing her PhD here fully funded by scholarship. Once I asked her why does she want to get PhD and she answered “to help me get a job, my master isn’t enough to get decent salary job in China”
Please consider to dub the chinese parts of this documentary. This is really helpful for those of us who are blind or simply doing some kind of work while we listen and can't read the subtitles. Thanks🙂
I was like these kids once. When I graduated, I couldn't find a full time job for 2 years. Sure some of it is because of their high expectations. I had those aspirations too when I graduated. But at some point, you just have to find any job you can, deal with the hardship, and grind your way until you can find a better opportunity, even if that takes years. The worst thing you can do is do nothing and hoping the problems away. Hang in there and try your hardest. If you can't honestly answer the question "Did you really try your best?", with a "yes", then keep going, you still have hope.
@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.
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?
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
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.
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
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.
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.
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.
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.
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.
The real reason is that blue collar jobs are suffocating, with maybe 10+ hours of work per day and 1 days off per week that are not guaranteed, and the salary is not high
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.
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.
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.
@@RionAgrias This. I got turned down many times from basic jobs like stacking shelves at a super market or shop assistant because I am overqualified. Couple years in IT, and also learned a lot of programming and have projects in it. Catch is, market for IT and programming is super bad right now, but the other jobs don't want me because they will know I'll jump ship as soon as I get something in IT / programming.
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.
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.
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.
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.
@@herpderp9394not true, it’s more prevalent in developing countries or struggling failed countries than first world countries to have high youth unemployment rate.
@@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.
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
@@hockheekwek8431 Nice whataboutism you have here. By the way, you know what the "A" in CNA stands for right? I think they should talk about the Japan's discharge of the treated water but I am sure it will likely relate to the political rivalry between Japan and China that you will be upset to hear about because it likely talks about China blowing things out of proportion.
100% agree with you. Unfortunately, this doesn't solve the problem because then the question becomes - how does a country decide who gets the opportunity and the funding to study for a degree? If acceptance into a well paying job that is socially desirable is acceptance by a university to study for a few degree places then there will then be intense competition for it and the losers of that competition will have invested massively and got nothing out of it.
@@jamesng7320 I guess the answer would then be to make vocational and manufacturing jobs as attractive as graduate-level jobs, so that people themselves choose to pursue a trade instead of going to university and such. But, as you said, I think such a change would involve more than higher salaries and (much) better work conditions. It would demand a massive shift in the social paradigm regarding work; a change that, to be fair, I'm not quite sure is feasible in a productivity-driven economy...
@@forsythia8717 If vocational and manufacturing jobs are as attractive as graduate level jobs then who is going to want to invest 4 or 5 years of study to get exactly the same pay and conditions? Worse still if vocational and manufacturing jobs are BETTER. A country needs specialists and these specialists MUST be well compensated for the time and risk they take studying for something that could ultimately result in no job. This is a very difficult problem to solve.
I had to work several part-time jobs for nearly 2 years after I graduated college because I couldn't find a full-time job that was relevant to my degree. I felt so bad that I stopped talking to a lot of my friends and even fell into depression for the first time in my life. As horrible as having a 9 to 5 feels, it feels even more horrible to be unemployed (and educated). It felt like I had just wasted 2 decades of my life on going to school, but for what? I finally have a career but daydream of quitting everyday. Good luck to any recent grads who are still job hunting, it will get easier.
Salaries aren't rising fast enough, and employers are not hiring more to cut on costs. Also employees are expected to work more than 100%. Instead of hiring more, existing employees have to work more to get a little bit more. The result is you have a company that is profitable, but a young generation that can not gain wealth. No job means back to school. More people with higher level education doesn't fix the issue where companies don't want to pay more people. Like imagine it, let's say every single student has been installed with a new brain update that makes them all PHDs. Will youth unemployment go down to zero now that everyone is fit for the job?
Yep, lots of Chinese think that 10-20k a month rmb is normal standard salary lol. But the truth is their salary is still stuck at around 5k rmb a month. Those that earn equivalent of western salary/wage is actually very very fortunate and few in china and their education level is advance compare to those that get paid the same in the west , west earning the same amount are prob just supermarket workers. White collars in the west would earn 5-10x that
@@bunnyfreakz I can just imagine chinese workers renting out coffin homes at 5-10x while the west downsizing to something smaller but much larger than a coffin at that multiple.
There was a guy who made a song about this in china, it's called 阳光开朗孔乙己, funny and brilliant song, really explains the jobless graduate situation in China! Btw, the song is on youtube!
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.
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
@@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
@@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
I love every character of young Chinese ... ^^, Every one of them still have spirit to live on, even not in a good situation .. Which I don't find it in my own country ...
The way I see it is the student is too demanding. With no work experience and demand high salary? I always teach my children, you are nobody even if you are a degree holder. As a degree holder that does not guarantee you a high salary job. Learn at low level and slowly growth from there.
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.
@@洛元卿-s7j 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,
@@flaviomulatojerkin And 12 million people are just the number of college graduates that year, and Germany's population is only 80 million, that is, from 2020-24, there will be 50 million, and there will be additional high school graduates. But most of the grassroots positions have extremely bad working conditions and treatment, I think it's close to the British sweatshops of the 19th century
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. 😅
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.
@@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.
@@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.
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.
I graduated in the nineties here in South Africa and jobs were everywhere even for unskilled people. Like China, jobs are becoming scarce lately. We also have skilled and unskilled migrants competing vigorous for the openings in the market. South Africa has closer to 40% unemployed then we have people from the rest of the continent and Asia including Chinese themselves are here looking for the few jobs available. I was under employed for three years and became unemployed for another 4yrs. Being unemployed is devastating to one's life and I'm praying for these Chinese children to get a headstart in life
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.
@@potbellyfatguyfromnewyorkcity ooh what if we used our capacity as a species to transform the world around us to make life more fair by uplifting the needy instead of dealing with it. i like that idea.
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.
I’m growing **Old** and therefore cannot Perform many Manual Labor jobs; however, I’m still fully capable of doing most any Desk or Administrative task with great enthusiasm 😊
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.
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...
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 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.
Based on the video, it seems to me that the problem lays more on the mismatch between what the pampered generation wants and what kind of job available on the market.... The market would fix itself the longer this thing drags on.....
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.
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.
@@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.
@@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.
@@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.
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.
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
i graduated in 1999 and it took over 18 months to get my first job. I was very LOW paying and starting on the Bottom level. I think these Graduates expectation is TOOO HIGH... UN-realistic and entitled... Good luck.. Congratulations, your life and hardship has only begun. 22:19 < this timestamp gives exactly the problem in China. Part of the 1 child policy problem.
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.
The most interesting part of this video is that the guy xiami wore clothes with ''discarded fantasies and prepared for a fight (丟掉幻想 準備鬥爭)'' written on it.
Great documentary, CNA. China's going through an economic growth blip. Hang on in there, young people, and stay resilient. Life's not a bed of roses. Kudos to Chao and Yang for not doing the 'tang ping' and returning to the countryside to try something that is totally different from their training. That's toughness and resilience. My respect to you, young men!
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.
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,
I find the video insightful except for quoting xiami’s video. I went to watch the vid on Bili. Admittedly, the job market is tough, yet Xiami wondering into a career fair without targets; and judging companies by their names showed his lack of preparation. At the same time, there’s another participant in the comment said she got the list of participating companies beforehand, filtered for the interesting ones and managed to gave out many CVs. Otherwise i enjoyed the documentary and the interviews.
I do understand the lay flat mentality of Chinese youth currently. I would definitely be among them. It feels like you've studied tirelessly for nothing. Might as well keep living with your parents and do something for yourself with your free time. As long as you can make enough money to sustain yourself for the day, that should be enough. Until better times arrive.
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.
Llilul
Here is my greetings (Chinese style) : like first, followed by watch.
You guys did great work!
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
Their smiles are bitter, don't you see it
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.
And we don't know if those who spoke out would get punished.
@@ChanJoonYeeLike LKY did during his days. 😂
Why would ever China punished people for that, too much lies from western media! China won't publish data to the world, be it real or not real, western media will manipulate it to smear China, I have seen too many anti China channel geared up recently because China is overtaking the west on every corner!
Every day I am developing my personal continuous improvement matrix…..
😂😂😂
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.
Remember, China has a communist government structure but in reality their economics is capitalism on steroids. Sure the government owns most of the stuff, but still private corporation is basically exploiting people.
The opposite of what a communist society should be obviously.
becuz that can save the cost
Also, the fact they want youth to take up STEM education while not creating enough jobs in that field. Foreign companies are wary of sending such jobs to China because they fear their tech will eventually be stolen.
Agree, also Industrial robots and artificial intelligence may be the root cause of more unemployment?
agreed, and people will overwork because they believe this will keep their job safe, but unfortunately it's the way our economic system is setup, it will only favor the rich and we will just become corporate slaves, and slave to the dollar :(
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.
I feel like everywhere people just struggle, it becomes normal and just another statistic.
as long as there are people willing to reduce the workforce because they can gain more money, then we will have a situation where there's not enough jobs, it's a vicious cycle, and this is unfortunately not simply related to one generation, many of us gets affected. You might think that the older generation had "made it", but there are still many of us unsure of our future as we near the age where people will want to give us less opportunities, it's just like health deteriorating etc. I don't believe in this capitalistic world we can truly feel certain or safe in our future without working and having lots of money, until we can get out such systems, we're all in an unfortunate struggle of existing.
Come to Africa your skills would greatly be needed
Can't grow your workforce when the economy is not growing now can you
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!
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.
Don't pray vote instead
Whish this young people all the best👍🤟
I'm glad I see some in your generation do genuinely care about the ass backwards situation my generation is in. I'm not part of the loud ones who just blame the 'boomer' generation and whine, but it's hard not to take offense at 'just get a job like I did lazy ass! like they did any hard university studying where we were expected to prove so much, for so little gain.
sigh, hopefully something changes sooner rather than later before we squabble too much
Start your own business.
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.
Please give up. There's no future for you in capitalism. You deserve more than wage slavery. You deserve to live in a truly democratic world that you have agency and an actual future in
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.
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.
@@9kelochi355 just study Englisb and also go to the gym to build a nice body.
come to Moscow. there are a lot of job here. you can teach English @@Zibi21
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.
not only the high pressure, many jobs always mean danger and hurt(physical), like extremely hot and eat hand's machine
I saw another CNA documentary where I remember that it's quite chilling that people are calling the youth 'snowflake' for being reluctant to OT for free
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.
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.
Too many graduates world wide😮
For a masters student in Canada, your English writing is pretty poor.
@@US_made_911_terror_and_Covid19 🦆 ducky you are too sarcastic
@@US_made_911_terror_and_Covid19 sorry but i don't know in what language ducks can read.
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.
Manager dont like to hire someone more qualified than ownself 😂
😂crazy masters. i don't even have a degree but I'm not from China
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
Its better to live a good old meaningful Monk life now, I think
@@CreativWyse cause it cuts profits. Corporate conservatives of the world that adopted the american dream, the main function of it is to outsource jobs to poor countries and maximize profits. They rather buss in illegal immigrants to do these jobs, its why its soo common around the world, they are using the same exact practice.
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!
They won't give up. Giving up is not the Chinese way.
China is at peak projected population, and there are too many people now. Not everyone will get a good job. Lots of people are going to be relegated to working low paying high demand jobs like doing deliveries. They were born in the wrong generation. Nothing anyone can do about that. 只能认命。
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.
Plus AI. Chat GPT is built for get rid of white collar jobs
@TheDysartes, you are from the US, yes?
Agree
The young are naïve
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.
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.
Go learn hard labour jobs😂😂😂😂😂
Unfortunately, this is a vicious cycle as the Chinese government was too complacent in their thinking that they (China) will never be "phased out".
It all begun with the lack of local entrepreneurship endorsement in China. As there are some corruptions from county to municipal all the way to the central government, it's usually the few company with government-relations that secure the projects. and where new company (which is the fundamental basis of capitalism) gets "cocky" or onto the bad side of the government, they are often either forced to comply or be forced out i.e. Alibaba. There reduces the incentives for entrepreneurs to create new business which would improve employments.
Another issue is with the label "World's factory" which the Chinese people mistakenly took pride in. The red flag is this moniker is that all of these brands/manufacturers are actually international companies whom simply set up their production line in China due to being cost-efficient. The First push was by then and former US president Donald Trump attempting to force US companies like Apple to migrate their productions back to the States. The Final push was China's zero-covid policy and unpredictable lockdowns which persuaded these international giants that there is no way to cease production and cripple their own business for 1-2 years simply on China's wimps, and had to make alternatives arrangements in other SEA countries e.g. India and Vietnam. Anyone would be sadly mistaken if they think that these companies would flock back to China, closing down their alternative arrangements which investments have already been made. At the very least, there will be a proportioned productions which partly reduce labour in China. At worst, complete production migration, which is complete termination of labour (which is what is currently happening with alot of the factories in Zhu Hai). This has a major ripple effect as these mega factory complexes have their own economical eco-system, where Logistics, F&B, retail and dormitories' businesses prospers.
Bottom line - Common Prosperity is flawed. This meant that Business should contribute or pump their profits completely back into the community so that every one "prosper". The caveat is "except the business owner" whom founded the business because HE/SHE wanted to make more money for HIM/HERSELF (Hello Capitalism). Look at all Communist societies, which one had their entire community prosper strictly based on the communism ideologies. All developments are at the compromise of introducing capitalism. And when capitalism is removed, all will revert back to its rightful place.
It's happening all around the world
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.
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.
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.
youre outdated. china has been moving away from manufacturing and into services for the past decade already.
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
Germaois headed to negative gdp growth. I don't wanna hear anything about it lol
Another is with zero COVID even service industries closed. Manufacturing jobs and international exports have significantly reduced.
@@gutfriedvonguttenberg5614 There is no country on earth skewed in such a way that 60% of the available entry level jobs needs a degree, and only 40% do not. There are only two possible solutions
(1) reduce the number of available places in university so that fewer graduates are produced. The competition will take place only at the university entrance exam. If universities produce only the number of graduates needed by the economy or fewer, every graduate will get a job.
(2) accept that not every graduate will get a job related to their degree. When the number of graduates exceeds the number of jobs available, of course the employers will pick who they like best. Here, the students will need to realize that the competition doesn't end after they get into a university. They will still have to get very good results and pad their resume in such a way that make themselves attractive to prospective employers.
The trouble is most countries have chosen (2) but students mistakenly thinks that they are in scenario (1).
A good education is the dream of the parents. Its the economy that slaps the kids with the hand of reality.
@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 You're implying education increases productivity/skill when by large that is barely the case anymore. Rather Education is merely used as a filtering mechanism to get higher paying jobs.
Universities are by and large are scams. Most students cheat their way through especially Chinese, always trying to game the system.
I work with Chinese Grads and they are some of the dumbest people on the planet.
@Usernamedefault. I rarely comment on youtube but I think everyone is entitled to their opinion. I don't know economy. While productivity is a thing, the sheer size of China is THE problem. Based on this video, we ultimately have a supply and demand problem. Too many people and not enough jobs. China has real opportunity here to leverage its leadership power, to organize Country wide employment planning and get people to train for the right skills where the country needs. Germany did something similar. A lot of problems in this video are supply and demand problem. Try to balance them will be a good way to go about it.
Higher education is a given, but the right kind of education will help these poor students to not be so lost right out of school.
I am Chinese. I believe the biggest issue with Chinese education is the lack of emphasis on the reasons for studying. When students engage in coursework, they aren't informed about its practicality and necessity. Instead, they simply study and then prepare for exams. This educational system often leads to significant distress among students. They're unable to pursue subjects based on their interests and passions. Additionally, to excel in exams, students must prioritize their academic pursuits over other interests, leaving them confused about the meaning of life, their identity, and their purpose.
The root of this problem lies in China's societal obsession with academic qualifications. The primary criterion for government and corporate recruitment is often one's academic credentials. Even if individuals possess unique talents and abilities, they may find themselves unable to leverage them.
While I recognize that this issue exists to varying degrees across global societies, in China, with a population nearing 1.5 billion, the problem is particularly severe, and the competition is incredibly fierce.
I believe the only viable solution lies in economic development. However, for those of us caught in this whirlwind, we're forced to participate in the frustrating academic competition game.
Vocational trainings and human resources agencies should be thriving by now. Just create more businesses.
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.
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.
@@xiphoid2011 The fact you're quick to insult me shows just what kind of lowlife you are. Where did I say I couldn't find a job personally?
I had an engineering degree from one of the top 20 universities in the US. I know what my school's own counsellor's office gave us in terms of data. The government's unemployment data is utter crap since it doesn't account for way too many categories -- like if you never held a full-time job before, you don't exist on unemployment stats.
Thank you 🥹
@@xiphoid2011what’s a ‘useless’ degree?
Generally anything that is not a hard STEM degree or in the medical field. Typically any art / humanities degrees will fall into the "useless" category. @@merrytunes8697
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.
People are not at "peak employability" when they graduate. 30s-40s is peak employability.
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.
@@jamessmith1652 thats pretty delusional but whatever
@@jamessmith1652 Not in Asian countries
Depends on your field, if you are doing any form of trade work, starting young is the best.@@jamessmith1652
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.
The worst thing is that following CCP's criteria: anyone who works for at least 1 hour per week is considered employed.
With the way marriage and divorce has always benefitted women.....the state of marriages is why the child rate is continuing to drop.
@@patricew.4010 A financially stable and happy family won't have divorce problems. If you want to blame anyone, blame those who can't handle having a relationship.
I think, population decline may not be a bad thing for ordinary Chinese people. On the contrary, China's population may be a little too large.
@@zhu_zi4533 It probably won't be a problem for those who live out in the country-side or someone who is self-sufficient, but urban-folks will *not* like explosive price increases in food and commodities when food and transportation becomes rarer from less people doing it, and thus more expensive.
Population shortage when talking about an economy/country is not just "less people living around you", it's "less people working, thus everything starts becoming premium", including many day-to-day things everyone in cities take for granted (like workers that keep water sources running or repairs roads or transport things from outside the city into it).
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.
I don't know the situation in Canada, but it's correct in China. I am a Chinese
The same in the USA. I have a masters and thankfully found a good job after being laid off for over a year however lower paid jobs wouldn't take me since I was over qualified
Got a MI degree in UofT, this situation is sadly true.
As a Chinese living in Canada, this hits me so hard 😂
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.
We also need to be realistic in job requirements. Especially since 2009 too many companies have required degrees for jobs that do not need a degree. They are just using that as a filter for competency or for willing to put in the work. Get realistic about what you need. If the job does not require specialized knowledge that is taught then drop it as a requirement and evaluate your candidates based on their skills not how many years of school they have attended.
The last sentence of this young woman is incredible sad. Hope she finds a job soon
I hope these young people will find a way out.
Yea, back to the rice field
Small business is the future believe me. Don't work for cooperate.
Its called immigrating to another country
A company may go bankrupt, but a small studio or Soho may be more likely to survive, especially now that highly efficient production tools such as AI can make one person an army.
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 🌎
Sadly, Xi would probably feed him into a meat grinder of the next military conquest
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 :)
That's not true, creating value is not zero sum
@@galanta3534 yes, but creating value is (in almost all cases) not done by employees , but by employers/entrpreneurs
Certainly in sectors of huge unemployment
@@baardagaam Not true, the failure can be for "A) nature", "B) future generations (current scenario)", C) A mix of them.
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, ...
Yes, this is the solution. It works.
I think learning a specific skill by going to a trade school (to become an electrician, car mechanic, dental hygienist, etc) is more financially feasible (and maybe have a higher return on investment) than going to a traditional university, getting a bachelor's degree, and looking for a decent corporate job (which is much more competitive since so many people have the same exact degree)
@@citizenscapital2458It is a problem in the long term. You are basically referring to the caste system. Just check India.
I graduated in 2022 in one of chinese university, and now become a software engineer. In fact,the unemployed rate of people who over 35 years old maybe much higher than younger. But there’s no actual unemployed toll or rate about this. I hope Wei, the author, can do a survey about this , thx.
I can always look to CNA for thoughtful and objective documentaries on China's economy. What a breath of fresh air!
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.
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.
With the “woke/diversity” culture, companies are actually watering down the positions. They now hire high schoolers to fill positions once reserved for college grads.
@@andrewashkettle Thank you, agree 100%.
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.
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.
A very well put together, balanced documentary. Enjoyed it a lot thanks
I’m Indonesian studying in California and I have a Chinese roommate. She’s pursuing her PhD here fully funded by scholarship. Once I asked her why does she want to get PhD and she answered “to help me get a job, my master isn’t enough to get decent salary job in China”
Please consider to dub the chinese parts of this documentary. This is really helpful for those of us who are blind or simply doing some kind of work while we listen and can't read the subtitles. Thanks🙂
I was like these kids once. When I graduated, I couldn't find a full time job for 2 years.
Sure some of it is because of their high expectations. I had those aspirations too when I graduated. But at some point, you just have to find any job you can, deal with the hardship, and grind your way until you can find a better opportunity, even if that takes years.
The worst thing you can do is do nothing and hoping the problems away. Hang in there and try your hardest.
If you can't honestly answer the question "Did you really try your best?", with a "yes", then keep going, you still have hope.
2 years is laughable. some go longer without work and thats assuming they dont have any student loans.
@@chi-juiho2131i felt I'm worthless when I could not find a job for 2 months
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.
How did those college graduates recover ?
@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.
@@Apache1970 they didnt
@@DeadManWalking-ym1oo经济复苏是中国买了美国国债，买完中国就直接通胀了，不过现在中国军事实力起来更本就不怕美国，这次中国可不买单了，估计美国 2 年之后就可能金融危机
But the next generation now Gen Z got record starting salaries after college. At 50,000 USD/yr for undergrads. The generation previous lost out.
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?
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
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.
Well summerized and prise .
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
SAME PROBLEM IN INDIA EVEN WE ARE GROWING FAST BUT UNEMPLOYMENT IS ON HIGH HERE TOO
Get the degree requirements in a job description out. Nobody needs a degree to work in companies that requires no problem solving skills
This is the perfect solution. While they're at it, if the companies just employ everyone, the unemployment problem goes away! /s
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.
Yeah, I heard the new about that the coming graduate students to break the rules in deliberately for delay the dead line of graduation.
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.
@@oc6617 Millennials are a lost generation. It's up to Gen Zs now.
But we also have it hard, around the world there are just no jobs
So much moneys going to them. Their like flys that sell drugs.
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.
Documentaries by cna is really nice and balanced.
21.3%???
I believe that the actual rate should be around 40%.
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.
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.
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.
The real reason is that blue collar jobs are suffocating, with maybe 10+ hours of work per day and 1 days off per week that are not guaranteed, and the salary is not high
Meanwhile at US Tech companies there are young recent college grads earning Sick money. I look for those jobs to be rapidly coming down.
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.
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.
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.
@@RionAgrias This. I got turned down many times from basic jobs like stacking shelves at a super market or shop assistant because I am overqualified. Couple years in IT, and also learned a lot of programming and have projects in it. Catch is, market for IT and programming is super bad right now, but the other jobs don't want me because they will know I'll jump ship as soon as I get something in IT / programming.
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.
Till date Europe suffers same level of unemployment. Speaking from experience.
@@apachekafka773not true, except for a few countries, unemployment rate hovers around 6%, some even come close to so called "full employment" status
@@jenshoefer7944 Thats the total. Youth unemployment stats are different.
@@dabo5078 in germany for example the youth unemployment rate is almost the same as the overall unemployment rate, both slightly below 6%
@@jenshoefer7944 Uh, Italy? Spain? Portugal?
A degree alone isn’t enough. You have to have certificates, technical skills, internships, etc
And you have to be good looking.
@@eduardochavacano If that was the case I would have starved to death.
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.
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.
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.
yea this is an issue especially in first world/developing countries.
Too many highly educated people but not enough jpobs
@@herpderp9394not true, it’s more prevalent in developing countries or struggling failed countries than first world countries to have high youth unemployment rate.
@@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.
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
@@hockheekwek8431 Nice whataboutism you have here. By the way, you know what the "A" in CNA stands for right? I think they should talk about the Japan's discharge of the treated water but I am sure it will likely relate to the political rivalry between Japan and China that you will be upset to hear about because it likely talks about China blowing things out of proportion.
You can only have so many degree-holders in any given country. Any extras will have problems finding jobs commensurate to their equalification.
100% agree with you. Unfortunately, this doesn't solve the problem because then the question becomes - how does a country decide who gets the opportunity and the funding to study for a degree? If acceptance into a well paying job that is socially desirable is acceptance by a university to study for a few degree places then there will then be intense competition for it and the losers of that competition will have invested massively and got nothing out of it.
@@jamesng7320 I guess the answer would then be to make vocational and manufacturing jobs as attractive as graduate-level jobs, so that people themselves choose to pursue a trade instead of going to university and such. But, as you said, I think such a change would involve more than higher salaries and (much) better work conditions. It would demand a massive shift in the social paradigm regarding work; a change that, to be fair, I'm not quite sure is feasible in a productivity-driven economy...
@@forsythia8717 If vocational and manufacturing jobs are as attractive as graduate level jobs then who is going to want to invest 4 or 5 years of study to get exactly the same pay and conditions? Worse still if vocational and manufacturing jobs are BETTER. A country needs specialists and these specialists MUST be well compensated for the time and risk they take studying for something that could ultimately result in no job. This is a very difficult problem to solve.
I bet that youth unemployment rate is much higher than 21%.
Thats why they stopped to report it
Atlesst 40%
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
I had to work several part-time jobs for nearly 2 years after I graduated college because I couldn't find a full-time job that was relevant to my degree. I felt so bad that I stopped talking to a lot of my friends and even fell into depression for the first time in my life.
As horrible as having a 9 to 5 feels, it feels even more horrible to be unemployed (and educated). It felt like I had just wasted 2 decades of my life on going to school, but for what? I finally have a career but daydream of quitting everyday. Good luck to any recent grads who are still job hunting, it will get easier.
Salaries aren't rising fast enough, and employers are not hiring more to cut on costs. Also employees are expected to work more than 100%. Instead of hiring more, existing employees have to work more to get a little bit more. The result is you have a company that is profitable, but a young generation that can not gain wealth. No job means back to school. More people with higher level education doesn't fix the issue where companies don't want to pay more people. Like imagine it, let's say every single student has been installed with a new brain update that makes them all PHDs. Will youth unemployment go down to zero now that everyone is fit for the job?
What unemployed graduates? Ccp just stopped reporting the figures so there's no disaster looming😊
Yep, lots of Chinese think that 10-20k a month rmb is normal standard salary lol. But the truth is their salary is still stuck at around 5k rmb a month. Those that earn equivalent of western salary/wage is actually very very fortunate and few in china and their education level is advance compare to those that get paid the same in the west , west earning the same amount are prob just supermarket workers. White collars in the west would earn 5-10x that
chinese dream is lower than spore dream
可怜的西方人拿着他们的高收入和中国人比，但是他们却忘了拿自己的国家的物价和中国比。他们忘了自己国家的免费医疗几个月才排的到，等排到的时候要么死了要么好了😂还要我提醒你们国家高昂的医保税收吗？一群被牧羊人栓住的羊却把自己当成牧羊人笑话可以自由吃草的羊。电费天气费食物费涨价没😂一群白痴西方人😂
"White collars in the west would earn 5-10x that" Rent in west also 5-10x so what's difference?
@@bunnyfreakz I can just imagine chinese workers renting out coffin homes at 5-10x while the west downsizing to something smaller but much larger than a coffin at that multiple.
@@bunnyfreakzno，I came to Canada last year and I find the rent here is not higher than shenzhen-a big city in china 😢
There was a guy who made a song about this in china, it's called 阳光开朗孔乙己, funny and brilliant song, really explains the jobless graduate situation in China! Btw, the song is on youtube!
The song itself was merely good, but it being deleted everywhere on chinese internet and its writer getting banned has made it legendary.
Any subs?
@@GYI5U good yes, but it sends a very strong message, which is the point essentially.
@@wilson16 the creator uploaded it to youtube. His handle here :鬼山哥
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.
As a Chinese, I confirm it is true
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
his father is actually correct master's degree is not supposed to have so much graduate if the standard is substantiated
Masters degree doesn’t mean higher level degree. Its essentially just another bachelor degree, same thing as doing two degrees…
@@hanzocloudsurely. That’s why I dropped out of my masters program
@@wicket_gate good for you. Just use the money for cosmetic surgery.
@@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
@@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
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.
Oh… what's your degree then?
@@FreedumbSauceFriedFrogs I'm just a UPS driver. I make around $120K in Idaho.
wow, your dog must be a lot smater than you.
Your dogs are so overqualified they probably can't even bark.
@@johng4093 My dogs are smarter that y'all communist slaves.
I love every character of young Chinese ... ^^, Every one of them still have spirit to live on, even not in a good situation .. Which I don't find it in my own country ...
The way I see it is the student is too demanding. With no work experience and demand high salary? I always teach my children, you are nobody even if you are a degree holder. As a degree holder that does not guarantee you a high salary job. Learn at low level and slowly growth from there.
Did you see the advertised salaries? Do you want to work for 1.2k sgd a month with a masters?
The young generation has a though time. I can see it everywhere. Usa, Europe, Asia. Good luck everyone 👍 keep strong
Without good jobs, the system makes a mockery of their college degrees. 😂
I am 30 years of age living in taiwan and still jobless😢
Heyy
How do you manage for basic things?
@@softwaredevlovers freelancing
R u serious? We r same age. I cried so many times when I was younger when I couldn't get a job within 10 days or a month
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.
Everyone wants to work in their studies area, but not everyone can find such a job. These young people have not realized this yet.
@@洛元卿-s7j 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,
@@flaviomulatojerkin And 12 million people are just the number of college graduates that year, and Germany's population is only 80 million, that is, from 2020-24, there will be 50 million, and there will be additional high school graduates. But most of the grassroots positions have extremely bad working conditions and treatment, I think it's close to the British sweatshops of the 19th century
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. 😅
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.
They also need to consider emigrating out of China.
@@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.
@@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.
Thank you for speaking for us. It’s fair and objective.
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.
I graduated in the nineties here in South Africa and jobs were everywhere even for unskilled people. Like China, jobs are becoming scarce lately. We also have skilled and unskilled migrants competing vigorous for the openings in the market. South Africa has closer to 40% unemployed then we have people from the rest of the continent and Asia including Chinese themselves are here looking for the few jobs available. I was under employed for three years and became unemployed for another 4yrs. Being unemployed is devastating to one's life and I'm praying for these Chinese children to get a headstart in life
Looking at the graduation footages played several times in the video just feels brutal at these point
when you leave the university, you enter into the real world. Life after can be very challenging and hard
That's life
Your networth is your network. -Jim Rohn
Before you leave a message, you should know that they are a communist country, and you should know what a communist country means.
Precisely 😂
This is so unfair. People shouldn't be penalised for needing jobs that dont exist
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.
@@Elyygee What are you talking about? Have you even been to China?
life itself is unfair. deal with it.
@@potbellyfatguyfromnewyorkcity ooh what if we used our capacity as a species to transform the world around us to make life more fair by uplifting the needy instead of dealing with it. i like that idea.
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.
I’m growing **Old** and therefore cannot Perform many Manual Labor jobs; however, I’m still fully capable of doing most any Desk or Administrative task with great enthusiasm 😊
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.
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...
Tech Sector do not provides massive jobs for masses. It is specializing job with really small number of employment.
40%is real closer more，i am living here what i experience right now😢
Decline population, job market, youth don't want to get married and aging population. This is good sign. Please maintain that.
How about you? or you think you’re different from others? 😂
And some old gens say the younger gen has it easier now.
感谢评论区很多人说的鼓励的话， 确实有安慰到我。
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.
what was your university major?
@@TwinJalanugraha physics and mathematics.
@@choonghengjie1026 what kind of job were you looking for?
@@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.
@@choonghengjie1026 what do you do now? does it have anything to do with your degree?
Based on the video, it seems to me that the problem lays more on the mismatch between what the pampered generation wants and what kind of job available on the market....
The market would fix itself the longer this thing drags on.....
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.
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.
@@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.
@@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.
@@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.
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.
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
He should have just gotten a different degree 👎
Heart breaking😢 to watch highlights of these young folks job hunting... wishing🙏🍀🙏 them all improving job/life opportunities in 2024.
i graduated in 1999 and it took over 18 months to get my first job. I was very LOW paying and starting on the Bottom level. I think these Graduates expectation is TOOO HIGH... UN-realistic and entitled... Good luck.. Congratulations, your life and hardship has only begun. 22:19 < this timestamp gives exactly the problem in China. Part of the 1 child policy problem.
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.
Like CNA reporting, balance and factual.
The most interesting part of this video is that the guy xiami wore clothes with ''discarded fantasies and prepared for a fight (丟掉幻想 準備鬥爭)'' written on it.
Great documentary, CNA.
China's going through an economic growth blip. Hang on in there, young people, and stay resilient. Life's not a bed of roses. Kudos to Chao and Yang for not doing the 'tang ping' and returning to the countryside to try something that is totally different from their training. That's toughness and resilience. My respect to you, young men!
20% that does not count those who are working like 2-3 hours a day, part time job with no benefits. The real figure should be 30-35%
CCP's standard for employment is actually 1 hour a day
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.
别说亚洲，全世界都是如此，但是大多数西方国家都在嘲笑中国，可能他们不知道自己国家的真实失业率
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,
I find the video insightful except for quoting xiami’s video. I went to watch the vid on Bili. Admittedly, the job market is tough, yet Xiami wondering into a career fair without targets; and judging companies by their names showed his lack of preparation. At the same time, there’s another participant in the comment said she got the list of participating companies beforehand, filtered for the interesting ones and managed to gave out many CVs.
Otherwise i enjoyed the documentary and the interviews.
I do understand the lay flat mentality of Chinese youth currently. I would definitely be among them. It feels like you've studied tirelessly for nothing. Might as well keep living with your parents and do something for yourself with your free time. As long as you can make enough money to sustain yourself for the day, that should be enough. Until better times arrive.