China’s youth face dismal job prospects

Xu Ke, 21, comes from a long line of university lecturers. Yet his peers and people a few years older than him are all struggling with a major crisis in their lives: growing competition for a dwindling number of jobs as youth unemployment tops 20%, driven by a huge downturn in manufacturing and foreign investment.  “There aren’t many jobs, and the competition for the jobs there are is too strong,” said Xu, who is currently studying at a university in Minnesota. “Everyone is willing to do any job.” “With everyone willing to do anything, wages are [kept] low, and benefits…

Source link : China’s youth face dismal job prospects by Radio Free Asia