🇨🇳 China’s young generation is losing faith in the promise of hard work
For decades, millions of Chinese families believed the formula was simple: study hard, get a good job, buy a home, and build a better life than your parents. Now, that promise is becoming harder to keep.
According to The Wall Street Journal, China’s young people are facing a brutal combination of unemployment, layoffs, falling wages and rising financial pressure.
The numbers paint a troubling picture. Youth unemployment among 16–24-year-olds has approached 19%, while unemployment among those aged 25–29 stands at 7.5%. M
For decades, millions of Chinese families believed the formula was simple: study hard, get a good job, buy a home, and build a better life than your parents. Now, that promise is becoming harder to keep.
According to The Wall Street Journal, China’s young people are facing a brutal combination of unemployment, layoffs, falling wages and rising financial pressure.
The numbers paint a troubling picture. Youth unemployment among 16–24-year-olds has approached 19%, while unemployment among those aged 25–29 stands at 7.5%. M
