China’s Youth Unemployment Will Worsen in the Coming Years: Experts

China’s Youth Unemployment Will Worsen in the Coming Years: Experts
People attend a job fair in Huaian, in China's eastern Jiangsu province, on May 26, 2023. STR/AFP via Getty Images
Sophia Lam
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China has hit a record-high youth unemployment rate. A Chinese researcher warned in his recent analysis that the unemployment figure may surge further in the coming three years.

“In general, from now until 2030, it will be the most challenging period for employment since China’s reform and opening up,” writes Wang Mingyuan, a researcher at a Chinese think-tank based in Beijing.