11.79 million college graduates flood into job market in July! Unemployed right after graduation?

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  • čas přidán 11. 07. 2024
  • This video is sponsored by Wild Orchard. Welcome to explore all the amazing tea products and happily purchase: wildorchard.com (the link already includes the discount code CHINAINSIGHTS15 for an extra 15% savings)
    According to China's Ministry of Education, there will be 11.79 million fresh university graduates in 2024, an increase of 210,000 compared to 2023. How big is 11.79 million people? It's the equivalent of Sweden's entire population. The number is a record high, and it's 5 million more than 14 years ago. So many graduates will swarm into the job market this July yet China’s job market already has a 20 % youth unemployment rate...
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Komentáře • 511

  • @chinainsights4458
    @chinainsights4458  Před 25 dny +19

    This video is sponsored by Wild Orchard. Welcome to explore all the amazing tea products and happily purchase: wildorchard.com (the link already includes the discount code CHINAINSIGHTS15 for an extra 15% savings)

  • @BLACKAAROW
    @BLACKAAROW Před 25 dny +456

    Imagine giving up your childhood for 12 years to constantly study, extracurricular activities only for you to graduate and become a food delivery driver 😂

    • @Psychopatz
      @Psychopatz Před 24 dny +36

      whats with the "😂" emoji?

    • @superrunnerx1
      @superrunnerx1 Před 24 dny

      ​@@Psychopatzit's funny, ironic. Soo much they sacrifice and for nothing. And it's all because they are brainwashed into believing that it will be worth it. But is not. It's all lies and deception

    • @fernandostaejak3705
      @fernandostaejak3705 Před 24 dny +33

      Tragic and yet comic.

    • @Psychopatz
      @Psychopatz Před 24 dny +42

      @@fernandostaejak3705 it's more of a tragic for me. I can empathize being born on the wrong place and the wrong time

    • @lifeloverNorris
      @lifeloverNorris Před 23 dny +13

      I mean as a child your job is to study basically. Some people can choose to skip college and start working where possible, but that's about it. The issue really comes down to china having too much people, not enough jobs to give to everyone.

  • @williamstearns7490
    @williamstearns7490 Před 25 dny +380

    CCP Logic: I know jobs are rare, don’t pay, expect 996, and any weak job security completely ends at 35. But we require you to get married, have 3 kids, and buy a house.

    • @piotrmajewski5978
      @piotrmajewski5978 Před 25 dny

      They put contradictory policies everywhere, backed by sloppy propaganda. Not that the western countries are doing any diffrent lately, but China is hitting rock bottom.

    • @rebeccaaldrich3396
      @rebeccaaldrich3396 Před 25 dny +21

      Don't forget about the obligatory kidney donation! 😅

    • @sleepinglaffey3886
      @sleepinglaffey3886 Před 24 dny +6

      Patriotism of Xinnie PorkPooh #slopaganda #misery #cmilkforpresident
      - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
      -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
      -Tofu Exports and Western imports, accounting for 37% GDP, are down.
      -Foreign investment is falling over 90% compared to it's peak in 2018.
      -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left.
      -Consumer prices are experiencing hyperstagdeflation.
      -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record.
      -It's fast shrinking workforce is 10 years old than neighboring countries.
      - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
      - It has printed more money than the US and Japan combined, while it's economy is only half of them.
      - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
      - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE.
      -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off.
      How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars.
      Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
      Arctic Catfish Shenzhen: laughs at how Leeks feed her
      WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie

    • @rebeccaaldrich3396
      @rebeccaaldrich3396 Před 24 dny +1

      @@sleepinglaffey3886 good spill!

    • @truthalonetriumphs6572
      @truthalonetriumphs6572 Před 24 dny +1

      Xi Jinping asks for purity 😮

  • @louisdiedricks7110
    @louisdiedricks7110 Před 25 dny +114

    When college graduates from first tier colleges are applying to a flower store for a job, I then believe that most of the 11.79 million graduates this year will not find a job.

    • @luisgutierrez8047
      @luisgutierrez8047 Před 25 dny

      Whats sad is that they cant even start their own business. Out of a garage or on the street. The moment they do, the CCP cracks down on them

    • @AbhishekSingh-jf7co
      @AbhishekSingh-jf7co Před 14 dny +2

      but india's and america's condition are more worse 😢😢 as in america 50% of americans have less than 10000$ in there bank account and in india more than 70-80% people are still poor

    • @Raymzhan
      @Raymzhan Před 12 dny

      @@AbhishekSingh-jf7cofor Indians 5000$ per year is great salary but for China 5000$ per year is rent for 1 room rent in avg city

    • @user-zk4zf6sg7v
      @user-zk4zf6sg7v Před 11 dny +1

      ​@@Raymzhanare u joking 😂 , $5000 per year , not even month. Where did u got these numbers from 😂 .. plzz Don't embarass yourself like that.

  • @laurentitolledo1838
    @laurentitolledo1838 Před 25 dny +154

    11.79 million to face more misery.....add that to previous year's graduates....

    • @sega64official
      @sega64official Před 25 dny +7

      11.79 with debt & no way to pay it.
      This won't end well

    • @cirelesten
      @cirelesten Před 25 dny +8

      11.79M that needs to learn to 'eat bitterness' and let go of their 'academic pride'

    • @sleepinglaffey3886
      @sleepinglaffey3886 Před 25 dny

      WOW SO GOOD

    • @totzinfo
      @totzinfo Před 25 dny +1

      all Chinese graduates who are jobless receives living allowances from the government until they get a job

    • @michaelkent1750
      @michaelkent1750 Před 25 dny +4

      ​@@totzinfo That allowance will certainly be cut because the CCP is getting less tax money coming in due to the slowing down of the economy and possibly even negative growth.

  • @rogerbartlet5720
    @rogerbartlet5720 Před 25 dny +130

    This is called "elite overproduction" - too many smart, credentialed people being left out of the system. It's also the biggest driver of political instability throughout history.

    • @ContrarianDC_KAF
      @ContrarianDC_KAF Před 25 dny +5

      So what's the solution? I'm being genuine, not snarky.

    • @rogerbartlet5720
      @rogerbartlet5720 Před 25 dny +28

      @@ContrarianDC_KAF According to Peter Turgeon (who coined the term), disaffected elites will start using their talents to organize then challenge governing elites. The problem can work itself out either violently or not. It depends on the nature of the society/country.

    • @alvinyong9370
      @alvinyong9370 Před 25 dny +16

      I have a different take on this issue. I no longer view a university qualification as elite. University education is not merely an accumulation of data and facts but rather the education process itself teaches students to think critically and be more open minded.

    • @alvinyong9370
      @alvinyong9370 Před 25 dny +4

      A yearly supply of fresh graduates (12 million) is a "problem" many countries would like to have.

    • @MasticinaAkicta
      @MasticinaAkicta Před 25 dny +6

      "smart:" people.
      Sure some of them are smart, others know just how to get the right answers to get through tests. They have Knowledge not Experience.

  • @ronnelacido1711
    @ronnelacido1711 Před 25 dny +72

    Imagine the takeout driver delivering food to your doorstep holding a Master's degree, or that young lady mopping the floors inside your favorite noodle shop is actually a PhD graduate? Too many highly-educated young men and women in a cut-throat job market.

    • @rudyrodriguez7301
      @rudyrodriguez7301 Před 21 dnem

      Most Chinese cheat and fake their way through college so nothing of value is wasted.

    • @AbhishekSingh-jf7co
      @AbhishekSingh-jf7co Před 14 dny +1

      ​@@ovrskr soo bad for canada cant live a single day without the support of america 😢😢 when canada will be independent from usa 😢😢

  • @raymondlin8728
    @raymondlin8728 Před 5 dny +3

    12 million graduates a year, but no 12 million job openings a year. Thats why they come to America and work in factories, restaurants, graduate schools, anything,

  • @pmshah1946
    @pmshah1946 Před 25 dny +73

    That person in the end is so accurately on the money. That is the difference in Germany. Only a small percentage of high school graduates actually go to college in spite of the fact that it is completely free, even for overseas students. They straight away go for apprenticeship to learn a trade or acquire skills that will feed them for the rest of their life.

    • @alvinyong9370
      @alvinyong9370 Před 25 dny +10

      What works in Germany works well in the past. Today we not only need a basic degree, we need to update our knowledge regularly with short courses to stay ahead of the curve.

    • @structuresschool2144
      @structuresschool2144 Před 25 dny

      Ở những nước cộng sản thì có rất nhiều loại dịch vụ, trong đó dịch vụ giáo dục độc quyền của đảng đem lại rất nhiều tiền bạc và đặc quyền thao túng, lấy sai lầm để lừa gạt giới trẻ _ tất cả là bởi lòng tham vô độ và đạo đức ăn người của các đồng chí.
      _ Chủ nghĩa xã hội là lớn ăn cắp lớn, nhỏ ăn cắp nhỏ, không ai chịu trách nhiệm, cá nhân biến mất trong xã hội.
      _ Phát triển lên chủ nghĩa cộng sản là sự cai trị của các nhóm tội phạm cộng sản lợi ích(kền kền).
      _ Cách mạng là giải phóng giai cấp, xóa bỏ giai cấp để thực thi công bằng _ việc mô tả, tuyên truyền, đấu tranh, định nghĩa giai cấp là chủ nghĩa tư bản, chủ nghĩa cộng sản là phản cách mạng từ trong trứng nước _ từ thuyết tiến hóa là thuyết bất khả tri không phân biệt được con người và con vật, thì chủ nghĩa tư bản và chủ nghĩa cộng sản cùng hấp thụ và uống cạn chén gian dâm này. Karl Marx là một thằng Do Thái không mất gốc, nó muốn lấy Sự Thật từ nguyên lý nói dối (phủ định của phủ định), một kẻ phản cách mạng và hoang tưởng. Người Do Thái có một phát kiến lừng danh là 'Chúa lấy phép của tướng quỷ để trừ quỷ'_ amen ❤

    • @williamstearns7490
      @williamstearns7490 Před 25 dny

      @@pmshah1946 unfortunately, the CCP has been hammering into these kids from a young age that college is everything. That a degree guarantees you a good job upon graduation (and once upon a time it was true). That if you don’t get into college and earn a degree you a weak, stupid, underachieving, loser beneath contempt that will shame your family, and you will, at best, grind out a hopeless meager existence working 996 doing hard labor or assembly line work.

    • @chocobrowniewin
      @chocobrowniewin Před 24 dny

      ​@@alvinyong9370when we ask someone to do a renovation, we don't ask them for their degree. We ask for a list of previous clients we can compare notes to.
      Not to mention that the people hired to fix the house are some of the most overpaid people I have to deal with.. I regret just having degrees.
      That's the tradesmen route. You don't need to have a degree to do well in life.

    • @wcjerky
      @wcjerky Před 24 dny +1

      It's not completely free for international students, but it is still cheaper than university tuition in North America. The difficulties for international students arise in the visa process, however; it's almost frontloading the cost at initiation, but that cost will be used throughout the time there to live.

  • @sorrynothing5496
    @sorrynothing5496 Před 25 dny +46

    It's not Unemployed, it's "Flexible employment"
    is like saying "It's not killing, it's sending to next dimension. "

  • @pandaDotDragon
    @pandaDotDragon Před 25 dny +86

    I used to interview Asian & Chinese new graduates for IT positions. What baffled me each time was the distance between the CV and the real person. I mean on a CV I could read several gold medals in mathematics or IT fields, I could see international experiences thanks to "high performer" programs. And when you meet the candidate in real life and (s)he's not able to answer to a simple question, like about a thing written on the front cover of a book he is supposed to know by heart you know everything is fake and you are wasting your time.

    • @MAG320
      @MAG320 Před 24 dny +8

      Difference between book smart & street smart.

    • @everythingisfine9988
      @everythingisfine9988 Před 24 dny +34

      ​@@MAG320difference between rote memory and critical thinking. The question asked has to be phrased in the exact same way of the textbook. Because these answers are memorized exactly. Knowing what they mean is never taught

    • @ovrskr
      @ovrskr Před 24 dny +14

      Could be a language difference too, a lot of people really struggle with English and they freeze. Not that what you say is not true.

    • @just_a_tophat5759
      @just_a_tophat5759 Před 22 dny +1

      Is everyone forgetting about DAVE A.I.
      The A.I. that is literally replacing IT people as we speak?

    • @realkyunu
      @realkyunu Před 22 dny +3

      @@just_a_tophat5759 Nope. AI still sucks ass atm. It can't even replace a decent working student, because there is more to working in an IT job than writing "hello world" programs day in and day out.

  • @ArtIsDrawing
    @ArtIsDrawing Před 25 dny +28

    This is happening all over the world!

    • @user-vh5di2gl9b
      @user-vh5di2gl9b Před 25 dny

      This is a constant comment by people who can’t accept what’s happening ONLY IN CHINA! CHINA IS FAILING!

    • @Rodrigo_Gatti
      @Rodrigo_Gatti Před 22 dny +2

      I was gonna say that. It's not just a problem in China

    • @vuttamb
      @vuttamb Před 22 dny

      Imagine the scenario once AGI comes in , Why aren't we finding any solutions ?

    • @oscargrainger2962
      @oscargrainger2962 Před 22 dny +1

      Plenty of jobs in the U.K.

    • @RagerRagerRagerRager
      @RagerRagerRagerRager Před 22 dny +2

      Incorrect. We have a health worker shortage in NZ

  • @algrand52
    @algrand52 Před 25 dny +47

    To put it in perspective, there are more unemployed youths in China than there are people in the Philippines, which is the 8th most populous nation in the world. 😧

    • @HKim0072
      @HKim0072 Před 25 dny

      There are more incels in CCP China than people in Canada. Yeap, the gender imbalance has made it impossible for 40M Chinese dudes to boink anyone.

    • @DK-ev9dg
      @DK-ev9dg Před 19 dny

      12M youth are unemployed in China, that's less than 1% of their 1.41B people. Keep spreading lies and bullshit

    • @alchemySzackalchemySzack
      @alchemySzackalchemySzack Před 16 dny +3

      dont worry unemployed youths in philippines will grow and i am one of them 😂

    • @notsojharedtroll23
      @notsojharedtroll23 Před 11 dny +1

      ​@@alchemySzackalchemySzack 😂😂😂

  • @boardmike82
    @boardmike82 Před 25 dny +27

    If you do get a job. Imagine how bad they will treat you.
    Don't like it? Well tough!!

  • @searklarak
    @searklarak Před 23 dny +10

    So you have 2 PhDs from no name Unis in China, studied all your life, read all those books, completed all those assignments, stayed up late to finish up but only to graduate and not only can you not find a job, but you end up competing with let's say 10 million other people just like yourself.

    • @nikolaizaicev9297
      @nikolaizaicev9297 Před 2 dny

      Yep, this is how the so called "invisible hand" solves the problems on the free market.
      Welcome to your country's future, your might be the next one.

  • @fanfan8484
    @fanfan8484 Před 25 dny +23

    For there to be a top there needs to be a bottom (poor worker class). The system doesn't work if everyone works high paying jobs.

  • @maincoon6602
    @maincoon6602 Před 25 dny +44

    There are to many people in China.

    • @ianhamilton4360
      @ianhamilton4360 Před 23 dny

      And yet not enough to keep it afloat with pensions

    • @lilac624
      @lilac624 Před 19 dny

      True ..

    • @Trisuku
      @Trisuku Před 18 dny

      It’s only a matter of time before it goes down

    • @HuiYingHong-b8q
      @HuiYingHong-b8q Před 12 dny

      Simple, draft all those unemployed males into the army

  • @BobbyLoo-jr8ys
    @BobbyLoo-jr8ys Před 25 dny +36

    One thing is true. Employers knows all the typical answers. What they want to hear are answers that are unique, which shows critical thinking skill. Chinese are so good at memorizing knowledge, which becomes out of date very fast and employers knows this. That is why these graduates lack necessary skills in the work place, such as adaptability, critical thinking, problem skills, think outside the box. All these skills, foreigners have, but not Chinese because they spend 1/3 of their life, memorizing junk info.

    • @hermes6910
      @hermes6910 Před 25 dny +6

      "which shows critical thinking skill."
      Not sure it's what Chinese want to hear...

    • @GizzyDillespee
      @GizzyDillespee Před 25 dny +3

      Meanwhile, during the past 25 years, American primary and secondary school curriculum skewed towards "teaching to the test". Maybe Canadians are the future🤣

    • @sweetbabyray1000
      @sweetbabyray1000 Před 25 dny

      Problem-solving skills, you mean?

    • @bdcochran01
      @bdcochran01 Před 25 dny +2

      Simple explanation. Chinese language has no alphabet. Not the language of business or communication over any distance. Encourages group think. This is why some 300,000 Chinese students, most of whom were already college graduates in the PRC, were studying in the US in 2019. Learn a different way of thinking. Learn to be creative. Not better, just different.

    • @everythingisfine9988
      @everythingisfine9988 Před 24 dny +4

      ​@@GizzyDillespeewhoever said the American education system is better? Na, the gold star is Finland. Every nation should be copying them

  • @tachyon5321
    @tachyon5321 Před 25 dny +33

    The top degrees in China are Engineering, Computer science, Materials science, Chemistry, Physics, Nanoscience and nanotechnology, Biology, Pharmacology, Geosciences, and Social sciences. Many would be better off in a trade school.

    • @alvinyong9370
      @alvinyong9370 Před 25 dny

      The US is far behind

    • @mikealvas
      @mikealvas Před 25 dny +8

      ⁠@@alvinyong9370where did you get your stats from? From Winnie’s behind? HAHAHAHHHA

    • @alvinyong9370
      @alvinyong9370 Před 25 dny +6

      @@mikealvas I got the stats of rising homeless people living on the streets, the increasing gun violence, the rising US debt level and the poor students maths and science scores from the US government.

    • @alvinyong9370
      @alvinyong9370 Před 25 dny

      @@mikealvas And at Winnie's behind I see the US. Trailing.

    • @Shinobubu
      @Shinobubu Před 25 dny

      @@alvinyong9370 wrong. Womao. China innovates in nothing. You people's metallurgy is so bad your tanks fall apart in the middle of a demonstration. NAME ONE PATENT that China has made that revolutionized anything? JUST ONE. in terms of quality we have more geniuses and more talent than the entire Chinese population.

  • @KJSvitko
    @KJSvitko Před 25 dny +8

    Trade schools were once more common. Every society needs plumbers, carpenters, electricians, cement workers, landscapers, truck drivers and mechanics.
    All these students thought a higher education was the ticket to a desk job in an office.

    • @lazysnorlax3015
      @lazysnorlax3015 Před 24 dny

      Wow another guy who has zero idea how Chinese society works. China doesn't hold trades in high regards, many blue collar workers arent given good pay or benefits. And looked down upon in Chinese society. Thats why they push to be office workers

    • @b4rs629
      @b4rs629 Před 19 dny +1

      True, but wouldn't that just be the same thing. Oversaturation in one industry.

    • @texmex8220
      @texmex8220 Před 16 dny +1

      It seems to be the same in the US, trades are looked down upon and at least in my experience all high school did at my senior year was ask and push a 4 yr university degree. That being said from watching these videos it also seems that Chinese bosses run their employees to the ground, and employees take it because literally thousands want the same position

    • @nikolaizaicev9297
      @nikolaizaicev9297 Před 2 dny

      @@texmex8220
      It is called "coercieve laws of competition in capitalist production system" described by Marx, more than 100 years ago.
      If the money is the only "value" that everyone seeks, what is so surprising about the fact, that people don't want to work as toilet cleaners in such societies?
      We will sooner or later get eather to a major depression, where people will work for a bowl of soup, or a revolution, if nothing is changed in this system.

  • @faisalyousuf820
    @faisalyousuf820 Před 25 dny +4

    That is really sad. I feel so bad for all those young people who have been lied to! The reckoning will have terrible consequences.

  • @padgaprao2617
    @padgaprao2617 Před 25 dny +84

    Instead of feeling “ sad and depressed “ ever considered banding together with others and addressing the cause ?

    • @cirelesten
      @cirelesten Před 25 dny

      😂 how? More white paper protest? More yellow umbrella protests? More plainclothes 'officers' abduction of 'dissenters'?
      The usa can't get anything done, France is spraying the gov with literal crap. No one in power cares, nor can they be made to.

    • @sleepinglaffey3886
      @sleepinglaffey3886 Před 25 dny +8

      Patriotism of Xinnie PorkPooh #slopaganda #misery #cmilkforpresident
      - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
      -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
      -Tofu Exports and Western imports, accounting for 37% GDP, are down.
      -Foreign investment is falling over 90% compared to it's peak in 2018.
      -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left.
      -Consumer prices are experiencing hyperstagdeflation.
      -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record.
      -It's fast shrinking workforce is 10 years old than neighboring countries.
      - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
      - It has printed more money than the US and Japan combined, while it's economy is only half of them.
      - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
      - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE.
      -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off.
      How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 2 dollars.
      Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
      Arctic Catfish Shenzhen: laughs at how Leeks feed her
      WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie

    • @akmalhafiz8763
      @akmalhafiz8763 Před 25 dny

      A great idea. But the CCP will let them band together in prison first.

    • @teodoro8001
      @teodoro8001 Před 25 dny +2

      Poor performance for Xi jingpin

    • @reddytoplay9188
      @reddytoplay9188 Před 25 dny +18

      have you ever heard of what happened at Tianmen Sqaure? Yeah they don't want to die.

  • @brandonbowerstx
    @brandonbowerstx Před 25 dny +16

    That narrator's voice is so well balanced that I could sit through the in-video commercial of the Wild Orchard macha & tea.

    • @HKim0072
      @HKim0072 Před 25 dny +2

      It's controversial. I think he's a great narrator. You know he's reading a script, but doesn't overtly sound that way.
      (Other people think it's AI, lol.)

  • @Shrekster5E
    @Shrekster5E Před 25 dny +45

    My hint to chinese people, chinese youth, is "just don't be stupid".
    If your country has 1 bridge, that requires only 1 bridge operator for life. There is no point in you wasting your youth studying bridge operations in university for 18 years.
    The job is taken. Done. Find something else. Worse yet if you look around and every single university has thousands of people doing bridge operation courses!
    Same goes in most high education professions. A society doesn't need many of those. Those youths are studying things thinking solely on the money these professions pay, the high wage, and they completely forgot supply and demand.
    Business don't just create jobs to accommodate the graduates. "How many cooks formed this year?" "2000?" "welp we need to build 2000 restaurants then!". It doesn't work like that.

    • @cirelesten
      @cirelesten Před 25 dny

      So here's a solution: make less people.
      But Gove and corp only want 'line go up'.
      As long as things look good on paper that's all that matters to the top. And when you're young or even an adult and your told to follow your passion, or how tech is big and people are needed. And at the same time the reality is hidden from you and your lied to with a smile......what can they do? They did what they where told was the best for them, by their parents, Gove, school, society, other adults, ect.

    • @totzinfo
      @totzinfo Před 25 dny

      11 Million graduates? China Mega Structure Projects globally needs 200 Million graduates, how come they are jobless?

    • @7F0X7
      @7F0X7 Před 22 dny +4

      Must feel nice to dole out that kind of arm-chair advice.

    • @Shrekster5E
      @Shrekster5E Před 22 dny +3

      ​@@7F0X7 Super simple stuff that should have been self-evident common sense for them. But alas, by all measures, seems like the chinese %people$ are completely bereft of.

  • @thevip-unemployed3010
    @thevip-unemployed3010 Před 17 dny +2

    University, schools are for knowledge.
    Not for employment

  • @bloodvypa783
    @bloodvypa783 Před 25 dny +6

    China's true unemployment rate in youths is more like 50%-65%

  • @smb2735
    @smb2735 Před 23 dny +3

    US has had this problem since 2012.

  • @MartyrPandaGaming
    @MartyrPandaGaming Před 25 dny +7

    A more apt metaphor would be:
    The young are walking on the ice their grandparents' boss has melted.

  • @julialyttle3843
    @julialyttle3843 Před 22 dny +3

    And here in New Zealand, we have staff shortages in the health sector across the board.

  • @Phobos11
    @Phobos11 Před 25 dny +5

    I don't understand what regression happened in the world, but before going to university myself, I was told a diploma did not guarantee a job in the future and that grades didn't mean anything. I already worked in tech before going to the university, made some interesting acquaintances during university and got a pretty good job after graduating, mostly due to my previous experience. How is this a surprise now for people?

    • @thesmellofanorchidyeh2664
      @thesmellofanorchidyeh2664 Před 10 dny

      my father got bad grades and he thought that was the reason he was not employed, so he forced me to learn only and cannot take any internships although I had some offers, and I was lack of experience comparing to others. but I did not play with many other students back then so I did not even know I was wrong, I ’went with the flow’

    • @thesmellofanorchidyeh2664
      @thesmellofanorchidyeh2664 Před 10 dny

      maybe because I was forced to believe during the whole 12 years that only good grades can guarantee a good future, did not practice any critical thinking, research and observation, academic elite?

  • @thelabinschogamer7267
    @thelabinschogamer7267 Před 12 dny +2

    Well it's kind of obvious. China is a country of 1.4 billion people. China is also a very vast nation. I think in a few years or even decades time China will not survive the future despite its robust economy. I mean look there are literally 11 million fresh graduates currently seeking employment. I've never felt even more bad for them than before. And is also one of the main f****** reasons why I refuse to look for a job after I graduate in 6 years time.

  • @trajanz9557
    @trajanz9557 Před 25 dny +18

    3:50 So these people are looking for a job, she chats with them and says don't work here. Are you for real? Imagine being one of the lucky 100 applicants she responds too and that's her response lol.

    • @cirelesten
      @cirelesten Před 25 dny +15

      It's the overqualified part of job seeking. But I think the flower girls point was the depressing aspect of having a person with a Doctorate trying to work in her shop because that's all they can get. She gave them the interview, and this is the situation, "why are you applying here? Because it's the 1000+ place I've applied and you actually responded. I just want a stable job, whatever it is"

    • @ContrarianDC_KAF
      @ContrarianDC_KAF Před 25 dny +4

      Actually I think her response was right on target and she gave a thoughtful and mature advice (though it would sting a bit for the applicants). And I wouldn't want to hire a freshly Yale-graduated applicant! You KNOW they would feel entitled, be bored and not care about being a flower shop employee.

    • @mikealvas
      @mikealvas Před 25 dny +5

      Hey, at least she replied. Wanna bet how many actually get ghosted?

    • @b4rs629
      @b4rs629 Před 19 dny +1

      ​@@ContrarianDC_KAF I agree. On the other side of the coin. I would feel cheated out of life.
      Why would anyone care about being an employee. It's just a sugar coated word for money slave.
      Do task. Get treat.
      We are all dogs doing tricks for treats.
      What happens when the owners runs out of treats?
      ^ I guess were going to find out the hard way.

  • @adorablob
    @adorablob Před 8 dny +1

    The girl at 12:40 Girl you don't need to take an EQ course 💀 You still ended up doing what you did before: memorizing and memorizing and memorizing.

  • @idolsrule4678
    @idolsrule4678 Před 25 dny +3

    “If everyone becomes superheroes, no one will be!” - Syndrome from The Incredibles

  • @DIDAMI.Experience
    @DIDAMI.Experience Před 23 dny +1

    In competitive markets, Universities should offer qualifications that the job market is looking for and teach you niche skills that will make you stand out.

  • @lhaaa1059
    @lhaaa1059 Před 25 dny +3

    Acquiring academic credentials only increases the employment rate for one sector of Chinese society:
    Professors at the Chinese universities.

  • @eXclusive1
    @eXclusive1 Před 23 dny +3

    I spoke to a girl 19 in the UK begging for Oxfam I got angry and said the Oxford y people aren't doing this crap you need to get ahead. Also I went to the worst University and got a 3rd BUT what I did was start my own eCommerce aggregator website with my own money and learned a hell of a lot MYSELF! Then I got a job entry level for a designer and 10 years later I am senior level that really should be head of digital or more. Also I started my own social app...DO NOT EXPECT anything from anyone you go and you TAKE IT! This begging for a job thing nah leave that nonsense alone...Get yours by any means!

    • @nikolaizaicev9297
      @nikolaizaicev9297 Před 2 dny

      Yeah yeah, after AI spreads even further, you can show us how you as a Designer/Digital will get yours mate.
      Social app, what a great idea, in the time of decreasing birth rates, rising divorce rates, etc.

    • @eXclusive1
      @eXclusive1 Před 2 dny

      @@nikolaizaicev9297 AI, I was in tech when they were talking about big data and internet of things- it’s not going to go very far trust me. Search “Sure Jake” that is mine.

  • @fialee8
    @fialee8 Před 25 dny +12

    That girl did her company a favor for resigning. She quit without having a job in hand... or thought about the 10M+ new graduates coming into the market,... and complains about the low salary. She quit because of her health... so where is she getting health insurance? Yes, I'm also sick... I'm sick of working... but I need to eat, and have roof over my head. I'm not that sick. So what is she going to do for money... esp if she can't get a job? Live in the alley?

    • @b4rs629
      @b4rs629 Před 19 dny

      I wanna know who's bright idea it was to have healthcare tied to a job to begin with.

    • @fialee8
      @fialee8 Před 19 dny +1

      @@b4rs629 Healthcare costs money.... people who have jobs pay taxes. There should be a minimal level of healthcare for people who aren't paying into the system (immediate life threatening injuries). But if someone isn't paying into the system, why should they get the benefit?

  • @rendezvous009
    @rendezvous009 Před 25 dny +3

    Ask the university what makes their course so special? They can't tell you because they don't equip their students with the skills to succeed in getting and surviving a job. So graduates end up doing deliveries. Might as well do deliveries, stop thinking about studies. Because all you are getting is a piece of paper that can't get you a job.

  • @MAG320
    @MAG320 Před 24 dny +2

    Oh boy. It’s a whole Army of new grads.

  • @anarkitty0
    @anarkitty0 Před 24 dny +3

    It's kinda horrifying that EQ is a real qualification requirement. Obviously what is meant with EQ is very important but it's not scientific at all. Also telling someone they have a low EQ is a really low EQ move.

    • @Genesisorgin
      @Genesisorgin Před 24 dny +3

      right and she paid money to improve her EQ that sounds so dystopian you learn EQ when your a child and through experience their shouldn't be a course to improve your EQ at least not the way she did it which was just memorising things....

  • @mc88dx
    @mc88dx Před 22 dny +1

    I found 50 cents on the ground this week. I’m officially employed

  • @matthewvelazquez2013
    @matthewvelazquez2013 Před 25 dny +1

    The music at the beginning instantly sounded like the old windows shut down sound.

  • @otikamporn
    @otikamporn Před 25 dny

    Wow ! now you have tie in ad., congratulation.

  • @Steven-se4gd
    @Steven-se4gd Před 18 dny

    that tea ad went hard

  • @MasticinaAkicta
    @MasticinaAkicta Před 25 dny +1

    Ah yes it is that time of year, congratulations students, you got a piece of paper now. Now find a job and... oooh... right.

  • @bokurakyomoikiteru6130
    @bokurakyomoikiteru6130 Před 25 dny +2

    now i'm really interested to know what ythese ppl learnt in school.. anyone can post a list of subjects out??

  • @jamessal1991
    @jamessal1991 Před 25 dny +2

    Easy, just do what every young unemployed person does, go and join the army.

  • @wdadwdwdwadw8604
    @wdadwdwdwadw8604 Před 25 dny +3

    China Insight: was one of your videos removed the one about Chinese students complaining about Chinese Government not helping them leave Israel. trying to find it but cant

  • @zhubotang927
    @zhubotang927 Před 19 dny +1

    Many “Universities” used to be vocational schools or trade schools. Each year the number of graduates increased. Because these schools rebranded themselves in order to charge higher tuition fees. The name changing did little to reform education or attract talents. Institutions take years to mature.

  • @sivx17
    @sivx17 Před 25 dny +2

    46% youth unemployment rate? Wtf thats really high...Not sure how reliable is that number...

    • @az-db3rd
      @az-db3rd Před 24 dny +1

      It is an estimate. The chinese government stopped publishing the young unemployment rate when it reached 15-20% almost one year ago

  • @BobbyLoo-jr8ys
    @BobbyLoo-jr8ys Před 25 dny +4

    University is NOT responsible. If you can't find a job, can you blame the unviersity. University is a business. Similarility, you apply for after school classes and still failed, is it the afterschool teacher's fault. It is easy to blame others but oneself. The man most likely lack skills such as critical thinking, problem solving skills, personality is so so, etc etc.
    Once you graduate from the university, university is no longer their responsibility. They have done their part, their service.
    Yes, maybe the classes are out of date. But the man choose the university.
    Rather than looking for someone/business to blame, look at one self in the mirror.
    It is common knowledge that the thing you learn in Uni are useless. Since the man only figure this out after uni, it is no wonder he can't find a job. He doens't seem very smart. Not everyone who has a paper can get a job. Getting that paper is only one piece of the puzzle. There are other skills employers want.
    Parents, peers and society put too much effort into getting that paper. Of coures, because it makes the money flow. After getting my paper, I realize the things l learned at school is useless. The only degree is useful and valuable in China is my BEd. With that paper, l can work at ANY school in China and DEMAND higher salary because I have a title of a real/license teacher. And even better, can get a job at international school where pay is very high with high benefits.
    Teachers in CHina with a BEd and is foreign, it is easy to find a job. Min is 20k + in 1st tier city. Even 20K in 2nd or 3rd tier, we live like kings. Free rent, free food, free airfare, free Chinese lessons, nearly free health care (maybe pay 10% out of pocket).

    • @sweetbabyray1000
      @sweetbabyray1000 Před 25 dny +1

      They can "lie flat" on their BEd

    • @lazysnorlax3015
      @lazysnorlax3015 Před 24 dny +2

      Wow a guy who has no idea about Chinese society

    • @funkymonk5344
      @funkymonk5344 Před 21 dnem

      Not everyone wants to get a dead-end job as a teacher dude 😂

  • @johnalvarado1394
    @johnalvarado1394 Před 24 dny +1

    Because I live in the future I can buy as I watch the advertisement and have it delivered within 2 hours because I live near a distribution center probably wait till the tab gets a little higher tho

  • @cmikhail7289
    @cmikhail7289 Před 25 dny +2

    Do Chinese factory Jobs also require College diploma? I see that is also something that happens in South East Asia?
    Is College/Education business booming?

  • @johnalvarado1394
    @johnalvarado1394 Před 24 dny

    Oh babe I seen this before in the history books!! . . . expansion!

  • @Youngcl77
    @Youngcl77 Před 23 dny +1

    Just to clear something up, the 996 has nothing to do with the government, Chinese labor law is pretty much the same as west, 40 hours a week and weekends off, it’s the private business that does not follow, and employees does 996 because overtime pays way more than 40 hours a week. There were government talk about banning 996 but the working class refused because it’s better to have that option than not.

    • @Youngcl77
      @Youngcl77 Před 23 dny +1

      Even my Chinese friends in America are working 996, when asked why, they simply want to retire when they are 40. It’s not forced its personal choice.

  • @Indian_gae_boii
    @Indian_gae_boii Před 23 dny +1

    This is not a CCp problem its a problem in india too, this is an overpopulation problem

  • @kmt3543
    @kmt3543 Před 14 dny +1

    Don't worry china.. India is also on its way to higher and higher unemployment 🥲

  • @rashikafelicien
    @rashikafelicien Před 17 dny

    En el momento en que vi el bolso kislux , supe que tenía que tenerlo.

  • @davidhallberg
    @davidhallberg Před 25 dny

    That last guy in the video is speaking the truth!

  • @Gadfly2025
    @Gadfly2025 Před 25 dny +1

    Local university Delaware UD always had lots of Asian students in past hardly any past year 😅 mostly women students too

  • @richardc488
    @richardc488 Před 25 dny

    Our leader knows best

  • @Nik-lf4rw
    @Nik-lf4rw Před 25 dny

    what a great world we live in :)

  • @ConsciousQ2
    @ConsciousQ2 Před 17 dny

    Slowly happening in the US rn. “When everyone is super no one is.”

  • @MaYeRsDz94
    @MaYeRsDz94 Před 25 dny

    😂 what the hell ! they said study to get good life 😂🎉

    • @rgx420s
      @rgx420s Před 25 dny

      They listened to their parents who actually believe that college is an automatic golden ticket to a good life

  • @blackadder564
    @blackadder564 Před 25 dny

    Hahaha... I wonder how it will be next year.

  • @josephgover5072
    @josephgover5072 Před 14 dny

    Huge population

  • @michaelfranklinwhibley2935

    Be prepared military training 200 Millions costume orders existing military has extra you get from or return to Rural and 3 Squares a day

  • @JohnSmith-ps7hf
    @JohnSmith-ps7hf Před 23 dny

    Even my dogs have MBAs in china. They should persue PhDs in order to land a teller position.

  • @TraianoLiberatore
    @TraianoLiberatore Před 23 dny

    It's a headache for the USA, not the CPC.

  • @yukitakaoni007
    @yukitakaoni007 Před 5 dny

    Woah, that’s mild compared to the Western unemployment.

  • @fialee8
    @fialee8 Před 25 dny +4

    Yeah, if your goal is to get a cush job in an office right out of college to get paid to do nothing... yes, those jobs are available, and yes, it's prob 1 in 100,000 to 500,000 to get one. Those jobs rarely exist... and if you are that lazy, you'll be unemployed for a long, long time.

    • @piczos883
      @piczos883 Před 25 dny

      Not in this case, if you are looking on european countries - you're right .
      But those jobs available are so low paid that it's not worth your health .
      First Beijing need to repair this situation , its central planned economy (mostly ) but ideology is also a strong thing.
      This happens because modern world start facing off from China, chineese people will survive ofc ... but for what cost ? Massive poverty and stagnation.
      Modern world can live without china , but china can't live without them ...

    • @cirelesten
      @cirelesten Před 25 dny +1

      Cush job meaning inside with air-conditioned probably.
      Study to become a coder
      Try to find codeing job
      All coding has been ousorced to ai and India
      Work as delivery boy

    • @fialee8
      @fialee8 Před 25 dny

      @@cirelesten Chubby's own words... sit around being cozy. That sounds a lot like doing nothing.

    • @fialee8
      @fialee8 Před 25 dny

      @@piczos883 The only thing that made sense was your last sentence. The rest is just unintelligible gibberish.

    • @piczos883
      @piczos883 Před 25 dny

      @fialee8 lol open your eyes , what gibberish??
      How much per hour for delivery boys I china ? 1 or 2 yuan ?
      Those videos with crying people on the streets are fake
      ? American fake videos ... for sure
      China is falling apart , ccp is strong and I'm feeling sorry for ppl living there .
      Good life for rich families who are able to send their kids here , to modern world .

  • @redacted629
    @redacted629 Před 24 dny

    The sausage machine of higher education rolls on.

  • @BonoboMonkey
    @BonoboMonkey Před 25 dny +2

    Love it! Keep minting more graduates, please!

  • @user-ps2ow4sd7c
    @user-ps2ow4sd7c Před 4 dny

    Build something big like the great wall using bare hands only will accomodate all your graduates. Unemployment solved.

  • @YoungXelDong
    @YoungXelDong Před 8 dny

    They should improve their english-speaking skills. I saw a lot of english-speaking chinese holding corporate positions in new zealand.

  • @Misaka-gt5yj
    @Misaka-gt5yj Před 20 dny +1

    Too many people wanting to work for others. Not enough people creating jobs.

  • @untimateds
    @untimateds Před 25 dny +2

    So much dumb effort just to categorize who has or has not a job. Just check these youth's cash flow.

  • @normknapp4404
    @normknapp4404 Před 25 dny +4

    The really sad part is many of this over educated young people COULD find work in the U.S. as teachers! It would be very interesting for a small rural school board to sponsor 100+ PhD students to come here on contracts and start teaching math at 1st grade and progress with the students through 12th and see how they tested against other school districts!!!
    Just make sure they understand they can’t attempt to culturally influence our students!!! We have enough Chinese “front” influence peddlers here in the U.S.!

    • @HKim0072
      @HKim0072 Před 25 dny

      Yuck, no way. We should be banning / limiting Chinese visas now. Or create some type of program where they have to pay a monitoring fee. A large percent of them are tied to the CCP or are spies.

  • @Hongsebaoshi
    @Hongsebaoshi Před 14 dny

    Yes.. it's not just in China

  • @davedsilva
    @davedsilva Před 25 dny

    Doubling the workforce halved the salary. Now they won't stop graduating overwhelming HR who can hire AI for free.

  • @Gw2kitty
    @Gw2kitty Před 25 dny +4

    Those who say "come work in my country" are being short sighted about a unending social problem. Consider China Unrestricted Warfare as it is to displace and outbreed the populace of any country, in tandem with their have 3 child policy, who wants to help their adversary with their own demise? Together with automation and A.I. small and medium scale business are wipe out, job scarcity has arrived and here to stay, tomorrow it will be you or your close ones or anyone above 35yrs old.
    The unemployed will be incentivized to work in cyber scam which is another problem, for who?

    • @howardtreesong4860
      @howardtreesong4860 Před 17 dny

      The Chinese don't want 3 children, they can't afford it. You're thinking of islam.

  • @0Turbox
    @0Turbox Před 25 dny

    This will be the future all over the world. There comes the day, nearly everything economical is and was designed. On top comes all the stuff AI will be able to do. You can already stop learning anything office related, because it's the first AI will take over.

  • @jhustbie
    @jhustbie Před 25 dny +8

    Happy to see it

  • @lazysnorlax3015
    @lazysnorlax3015 Před 24 dny +1

    China prob needs to invest in other fields like trades. The market is saturated with college graduates already.

  • @paranormaltalks722
    @paranormaltalks722 Před 9 dny

    AGI will make this situation even worse

  • @Yannickille
    @Yannickille Před 25 dny

    Many ATPL but they can't fly a C172😂😂😂😂😂😂

  • @Newhopes123
    @Newhopes123 Před 25 dny +2

    ❤❤❤❤❤

  • @flobba123
    @flobba123 Před 23 dny

    i think alot of them gotta go back to rural areas in order to find work.

  • @2packrm781
    @2packrm781 Před 25 dny +3

    0:00 - 0:09 alot of college kids trying to find a good job, but are being let down🙁😟
    1:37 1st coffee☕ & now green tea🍵, what's next China Insights😯😯?
    6:58 I can see why Beijing stopped reporting on the unemployment of youth.
    7:49 ok & 7:59 they had a different mindset on the priority at that time.
    9:00 oook🤨
    10:04 you have got to be kidding (me), because that's not helping either & worse not even making a fair try or honest approach to help them out find some work😤😤.
    10:36 I'm going to make a guess & say... either 2 or 3 billion of Chinese Youth 3,000,000,000 & that's my best guess🧐. & those numbers from that professor is appallingly disappointing😤
    11:06 what an ugly wake up call from the Chinese Working World she got & the standards are mismatched, distorted, & blurred beyond expectations☹.
    13:13 that's rough to hear him speak☹
    14:36 just looking at that bar chart is a problem right there. Why? I heard from someone who really did live in China for 10yrs (C-Milk) say, "their being neglectful when it comes to blue collar jobs because you need someone to maintain that infrastructure as well as balancing white collar work to be taken serious as a developing 3rd world nation."
    15:21 I hear Jack Ma warning about this issue😬😬😬..
    15:49 it reminds of when my mom told me "...that ppl will get sick & tired of being bored or the same routine."
    15:54 this guy is the true star of the upload & ouch😟☹

    • @sleepinglaffey3886
      @sleepinglaffey3886 Před 25 dny +1

      CLAM MAN! CLAM MAN! #cmilkforpresident

    • @2packrm781
      @2packrm781 Před 25 dny

      @@sleepinglaffey3886 "Hey! Do I look Like Subway Wonder Man?"

    • @sleepinglaffey3886
      @sleepinglaffey3886 Před 25 dny

      @@2packrm781 GREAT! Mmmmm POOP water and gasoline oil!

    • @2packrm781
      @2packrm781 Před 25 dny

      @@sleepinglaffey3886 ...don't forgot about gutter oil, maggot meat, fake fruits+veggies+drinks+treats, & panic buying of food.

    • @sleepinglaffey3886
      @sleepinglaffey3886 Před 25 dny

      @@2packrm781 Return to rice farming

  • @BobbyLoo-jr8ys
    @BobbyLoo-jr8ys Před 25 dny +11

    It is not ALL about academic, it is also about your personality and other skills. Just because you have a PHd or master, but your personality sucks, even l wont' hire you.
    Throughout university, you are just a number. Only a few are actually remember by professors because they are unique with unique skills and personality.

    • @ennuied
      @ennuied Před 25 dny +3

      Yes and no. There are not enough jobs for everyone. Too many kids want the best route in life, and then you get bottleneck. Parents should explain this to their kids, but parents don’t want to depress their kids. But why would you go study as a bricklayer if all of the society is chasing high status. All of this hardship is inbuilt into the system.

    • @b4rs629
      @b4rs629 Před 19 dny

      @@ennuied Pretty much. I'd say most jobs we have today won't exist in 5-10years.

    • @psyker4321
      @psyker4321 Před 14 dny

      @@ennuied Hitler worked as a bricklayer/construction laborer.

  • @Umtree
    @Umtree Před 16 dny

    Australia is importing 11.79 million Chinese each year.

  • @desgreyskry8792
    @desgreyskry8792 Před 15 dny

    literally what happens when ur country is like more than 1/7 of the world

  • @maximusanthoniodelatorre

    Good

  • @deniseeugene1852
    @deniseeugene1852 Před 23 dny

    So the second largest economy doesn’t create jobs monthly like the US has?

  • @tontj
    @tontj Před 20 dny

    Most people that spent their time studying tend to forget to develop the human skills.

  • @Spinozin
    @Spinozin Před 19 dny

    It takes one day to learn to make a pizza. And one day to learn how to ride a bicycle. 2 days people. Wake up

  • @keithcook3908
    @keithcook3908 Před 20 dny

    Your educated and ready to go deliver some pizza 😜

  • @ThomasTomiczek
    @ThomasTomiczek Před 23 dny

    The Chinese unemployment stat does not look much worse than anything in the west- they generally have a serious problem catching people that are not looking for a job - generally it is done by pulling numbers of people that get unemployment ade ore at least are registered with the government. People that do not look are generally not captured - pretty impossible.
    The other things are bad, though - "flexible employment before graduation" and not really counting the real population make the number unusable.

  • @TNCombatMedic
    @TNCombatMedic Před 25 dny +7

    It’s due to the U.S. decoupling from China.
    China is in a recession if not a depression.
    I almost feel bad for the average Chinese citizen.

    • @cirelesten
      @cirelesten Před 25 dny +3

      I blame both govs for having a passing contest and screwing with economics in the first place.
      End all subsidies

    • @rickygoh6246
      @rickygoh6246 Před 25 dny

      When they boomed with US n others park industries they still brainwash the Wumos n those pinkies that US is enemy no1 n Japan bashing now they cried n played the victims.

    • @alvinyong9370
      @alvinyong9370 Před 25 dny +3

      All countries go through the economic cycle - expansion, peak, contraction, and recovery. China is no exception.

    • @eh-269
      @eh-269 Před 25 dny +1

      Yeah, but at the same time I feel like a lot of countries are going through a recession right now, which from my view is quite sad but normal in an economic cycle ig.

    • @DanielK1213th
      @DanielK1213th Před 25 dny

      @@cirelestenyou should blame CCP for trying to dominate Taiwan, a sovereign nation whose computer chips run the world. Your take on “let’s blame the both sides” is so naive and lazy. Also CCP steals trade secrets from the US and other countries. There’s no reason to deal with China except for cheap labor that’s not even there anymore