China’s Youth Broken, Crying! Can’t Find Jobs, Top University Diplomas Turn Into Toilet Paper
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- čas přidán 21. 08. 2024
- A video features a young woman breaking down in tears due to her joblessness. She shares her experience of briefly securing a job, only to be laid off within a month. The ongoing struggle, she fears, is taking a toll on her mental well-being, pushing her to the brink.
Tsinghua University in Beijing recently released its 2022-2023 Undergraduate Teaching Quality Report. As of October 31, 2023, 2,603 of its fresh graduates opted for further studies, accounting for 81%. Of these, 2,100 continued in domestic institutions (making up 65%), while 503 went abroad (which was 16%). The report also reveals that 491 graduates chose employment, making up only 15%. Of these, 284 found jobs through contracted employment, making up 8.8%, while 207 opted for flexible employment, constituting 6.4%."
The report indicates a surprisingly low percentage of graduates entering contracted employment, less than 10%. Allegations of falsified employment data have surfaced, with claims of universities forcing graduates to report fake employment agreements to receive their diplomas.
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Cannot blame them. Seeing how they have been studying hard since kindergarten. At the end, it is not worth their effort.
"I tried so hard, and got so far. But in the end, it doesn't even matter."
- "In The End", Linkin Park
It really depends on the individual. Whether people have a uni degree or not, anyone can end up failing.
@@nglijie5716 On point
Do you know they study
On how China must replace USA and show the rest of the world no respect
NOTHING is worth this maniacal level of effort. It destroys what it purports to create.
A college education isn't special when EVERYONE has a college education.
But, but I have a degree in Gender Studies! 😁I can help your company create a code to avoid misgenderism in the workplace🤣
My dad always told me to get one because in his day it meant something now my Ged is better then 🎓 high school and college
that's how things are in South Korea.
That's not the point in the video. It's about China providing no opportunity for its people like the west provides for its citizens.
It's about it being likely you won't find a good job in China like your counterpart in America who studied for the same degree.
@@ronnelacido1711 and im an anthropologist, i can help their company to avoid racism. together we can build rainbow society norm
Not only in China, its a global problem, and its worse in third world countries that nobody mentions about
Example:- India
@@user-ot7gi7xz6e Why you are worried we will handle ourself you take care of your own
@@user-ot7gi7xz6eespecially india
na china está muito pior baseado no que tanto o governo chinês fala que a economia fala está despontando ... o governo chinês está mentindo
For example Turkey.
Tbh, it's not just China. It's every nation.
Graduates now struggle to find work in their fields. It's almost like you need a PhD with 20 years experience to start a entry level graduate position.
Seriously though! They ask for so much, pay you 40k a year, and then you can afford to rent a ghetto flat that is a whole 300 square feet.
Supply and demand. Way too many university educated compared to the actual demand. There are other fields, arguably with less prestige, where you can much easier find jobs and make good money.
Totally agree. Every country is hard to get job. There's so much competition for every job posting.
@@jonfreeman9682Too much excess, too much propaganda. We only need food air water and shelter to live. Young people dont want to work hard labour jobs because its gonna hardstuck your career to that particular field even when old and physically weak, not that they dont want to work hard. The "economy" has made it undesirable. In my country, 1/2 the millenials are insurance and property agents. LOL
This. It is happening Worldwide such as housing problems, etc.
When everyone has a piece of paper that says you can read, write, memorize, you need something else to stand out
Correct it's called "the fallacy of composition"
Pretty much.
You can write well and do advanced math,that's nice
Now go stack those boxes on the shelves.😂
As a high schooler, I knew I would never need imaginary numbers nor parabolas nor dividing fractions ever in my life.
In university, the biggest hurdle was algebra II for my Spanish major, because, you know...: you need to divide fractions in order to read Don Quixote. LOL
I studied hard to pass that shit, and the relief of getting a B was one of the best moments of my life, for NEVER AGAIN would idiotic and oppressive libtarded society force me to learn such shit!!
And because there is vast amounts of people with similar basic skills, your employer can pick individuals that is ok with lower wages(aka foreigners). Unless the Labour law steps in to implement new minimum wage policy and ratio of locals to foreigners, employers are just gonna keep employing cheap foreign labour
Literally is the deep advance of capitalism in china, and ccp really likes capitalism
As a college grad who chose to work in the construction/plumbing industry for the last 20+ years I feel like many young people have been sold a bill of goods. I don't regret my decision to go to college, but I do resent how the powers that be promised that getting a degree would open up so many doors and provide so many opportunities. In reality, the best advice is 'get in where you fit in'.
Me too.
I work as a crew.
I don't regret my decision to not go to university. My skills are real and not evidence of abdicating my thinking to "authority" figures.
they dont tell you how important networking and being socially popular is either. if you want a decent job you gotta be likeable and friendly to everyone you went to school with and keep up with them socially.
@@luke2806
I have a terrible family.
I have nothing to do except I obey my relatives.
@luke2806 This comment is great advice. Office work wasn't for me, but even today I keep in touch with several of my old classmates. So just last year i was able to help my niece get an opportunity because of networking.
Sending resume over a month and a half ??? I'm Indian I'm sending resume for last 1 year in order to switch the company. Have given more than 20 interviews. Nothing. Large population have benefits and drawback too. The competition is insane , for 1 job opening there are more than 2000 applicants.
sometimes we complain that our country is doomed. But we forget that it's just not our country, it s everywhere in the world right now
Yeah that doesn’t help. It just means all the dominoes are falling down = major doom
Trust me this isn't just China but every country it's hard to get jobs. The young people have it easier as companies don't want to hire older people.
@@jonfreeman9682 Easier? No. It’s just different challenges. Clearly, it is not easy for the young because many are struggling to get their foot in the door.
@@jonfreeman9682everybody is having difficulty finding a stable job. Far from easy. Tough times. I wish everybody good luck.
If the economy can’t absorb the number of BAs, what makes anyone believe it can absorb the same people as MAs or PhDs?
If you can't absorb basic logical matters, why do you believe you are able to absorb complex questions?
Desparation and hope for better time, some years ahead.
upgrade in works
It can't so you hope if you get the PhD you have better chance than BA to get the good job.
You can kick the can down the road a couple years. Life as a student in China is inexpensive and everything is subsidized. You can lay low hoping the economy turns or at least keep your family from worrying.
Here in America 🇺🇸 your experience counts more than your degree!
And let's be honest, the top paying jobs are saved for the elite people , people with important connections.
Experience counts more than degree? I like that to some extend the problem is for young people getting the experience is next to mpossible nodays. Even for entry level jobs they want 5+ years of experience for goodness sake. But yea experience SHOULD matter more than a pretty piece of paper.
It would make more sense if jobs would count internships and whatnot as experience, but they want you to have 5+ years straight out of college or these white collar jobs. Oftentimes, volunteer experience doesn't count either. I just hate how we were lied to about how a college degree was supposed to be a golden ticket to success.
@@LoveHumble24 i remember seeing a job post on a website it was about programming and i'm not joking it was volunteer position (no payment AT ALL) and they wanted years of experience (lets not even mention the skills they wanted). I'm not joking it was some moths ago but what is happening. Also as for the pretty pieace of paper (college degree) well what they teach is pretty much fairy tales in my opinion they should focus more on reality.
@user-ug7dv4ih1e this is why I lie on my resume and idgaf about it. If I am being honest about it then I wouldn't get the job.
It depends on the employers. If you've done some job hunting as an engineer, most of the jobs require at least a bachelors in a specific field along with experience. For people who just got done with getting the degrees that are required, they find out that the logic of employers is nonexistent because how does one now get the experience when every job also requires at least 5 years of experience?
It's all very silly and people are starting to see the flaws in how our economy is ran. Some engineers are actually turning into socialist because employers can't seem to run things in a logical way.
Its like that saying from incredibles
"When everyone is super, no one is super"
This is happening in every developed country. Young people in the USA are facing the same issues.
Not only young peoples, older and before retirement age are struggling as well because many jobs closed down for government overreaction to "current thing".
Not even close to the same scale as China.
China caused this to happen here in the US. Jobs shipped overseas and all that.
@@emsnewssupkis6453 Greedy American capitalist shipped the jobs overseas to China because it was more financially viable for them. That's not China's fault.
@@BartimaeusAurelius BS. The majority of the most common jobs in America are jobs that don't require a degree. Also, "A majority of young adults in the U.S. live with their parents for the first time since the Great Depression".
“I memorised the standard answers “
Now there’s an employee everybody wants
That's prized over there. That's not the reason they're unemployed...
@@annnee6818 hahaha
@@padgaprao2617 it’s true why u laughin lol
lmao, so they cant think outside the box...
@@youknownothing3766 yh you’re right if all those millions of people all think outside the box be sweet right? What a doughnut u are hahah. Ofcourse they do, your names perfect for ya
Same here in India as well.The difference is the situation is 10x worse.
With the reservation system bro 😢
@@tanishq_kun_nepali_guy Yea
Its only the society that says degrees are must even though schools and college don't give us a guarantee that we will be successful
Best advice don't have children this is unsustainable on this planet!
This is true. To have a family, you need to be rich. Because in modern society, children are a big long-term burden. Even more burdensome than a mortgage.
You just echoed my opinion !
Perfect, let’s all stop having kids, leading to 0 population in the end, so we won’t be a burden on this planet 🙄
Eat grass and leaves
That is the worst advice possible. You only have one life and kids will enhance it.
From " I'm a proud Degree Certificate Holder"
To " I'm just a Graduate".
what a world we live in, sometimes I fell like *quitting education and doing Agriculture.*
but Mr Gates bought all the terrains.. So you cant work into agriculture...
Agriculture has this problem too 😔 if you want anything other than picking fruit/veg or caring for animals, a degree or trade cert is needed also
(I’m a food industry employee)
See all the farmer protests in Europe , they are being squeezed out.
I believe youth unemployment is currently high in most countries, not just China.
China has it extra bad. Youth unemployment is 40% there
Yes, exactly. It''s because of the whole global system we live in .
Unless you have a stable in demand degree that always gets you hired (Doctor, nurse, engineer, ect.).
India too 😢😢
@@bmona7550 even those have their own downsides. Just look at the burnout and attrition rates for employees in those industries, in the frequency of layoffs
College is a racket. Years ago I failed a class. When I retook it the next semester I had to buy the "new" book. IT WAS THE SAME BOOK WITH THE CHAPTERS MOVED AROUND!
How much are you earning now given you didn't finish uni?
@googleuser2609 Around 85kUSD/yr. I did go to school for Aircraft Maintenance, years after that I went back for Electrical Engineering which I didn't complete.
😮
college is great...
if you study something useful.
anything humanistic related. is GARBAGE.
learn software development, technical skills etc.
It cost like a 100 USD per book in my College :) the good thing is you can buy old book from the student that leave cheap.
I'll always remember what my father told me when I was still in school: "When you have a college degree, regardless of what you study, you will always be able to find a job"
This was true when he graduated. Only ~10-15% of his generation had a degree.
Now the majority of our peers have degree AND I agree fully with the guy at 11:09 UNIVERSITIES DO NOT TEACH SKILLS THAT APPLY IN THE REAL WORLD AND IN COMPANIES. Yet they market themselves as preparation for careers.
In reality, a lot of teachers failed at getting a job in their field and resorted to teaching inexperienced people. Not all of them of course, but many. Universities should be held to a higher standard and in varying extent, refund tuitions on the ground of false marketing claims.
what you've just said highlight the importance of a degree even more . imagine now more than 50% have a college degree , and not having one puts you in a even worse position .
Those who cant do, teach - Old saying
@RayLee-bp4qs Nope, their father felt that way because most of his generation could only start with menial labor. And they were heavily relyingn on unions.
Now days we know you can learn SEO then work for a small company , and experience for SEO is what matters. You can't really learn SEO at a university. You havw to learn through practice. Employers know this, and value experience over a piece of paper. They value experience over a piece of paper.
College does make it easier to get the foot in thr door, in a job market that demands experience without giving you the opportunity to get experience(Unless you volunteer etc). Yes.
But there are more paths than college like working for a small company(SEO), bootcamps, tradesschools ,working for experience.
I saw a college grad who graduated withba compute r graphics degree..and then they could only get a 50k job at a bad company. And only got 90k after 4 years. I know IT techs support who got certs and got 90k salaries after 1-2 years
And I know retail store workers who start out as bo pic workers or cashiers. Then they become managers bc the retail store is biased. Companies, esp retail.stoees, are bad companies. Run by bad management, on top of everything else
@@Manliadon IT has been consistently paying more than graphic designer . I'm a graphic designer so I know what I'm talking about .
The script doesn’t work anymore, make your own script
Problem is not able to find a decent paying job to survive. Most people don't target high paying job. They struggle to find just an average job with enough salary to survive.
Being told lies can't hurt you. Believing those lies can destroy you. "Everybody is going to get rich" is, always was, and always will be, a LIE.
I always remember a story. A student graduate comes to a local employer and asks for a particular job. Employer tells him, go to your university professor and let him find you work. I didn't promise you anything and I didn't lie to you 3-5 years long. He did. I need warehouse workers or truck drivers. Take it or leave it.
Unfortunately, this is what drives capitalism. Everybody thinks they're gonna get rich and live in some perfect suburb.
Not having telescopes to see planets is partly the global wealth of humanity!
So is "starting your own business".
But it’s not about becoming rich, but to afford a livable independent life lol. Mental health left the chat.
When everyone has a degree the privilege of having an education loses its value
😊
It’s the competition that makes an education lose its value
Basic supply and demand type ish
A degree is nice. But you know what else has degrees, a thermometer. And you know where you can stick that🌡🍑😂
Access to affordable education without a money barrier, is a "privilege" that tens of millions of Americans don't even have in the first place.
This is happening in the USA too. It’s never taken me so long to find a job like it has this year.. Anyone else in the US having this issue?
Oh yes same here. Got laid off again about a month ago. But lucky for me I made my first online sale on Etsy today. So yes I plan on making a lot more sales and not be a loyal working sucker anymore. Working towards working for myself.
@@theblackrider2762 You took the right decision 👍👍
No way, there’s a shortage of workers, even Starbucks is paying $20/hr due to worker shortage.
This is anti Chinese propaganda channel… it’s happening everywhere but he points out China lol
I was just telling my husband that looking for a job is not that easy. You can't apply for every job. And the ones that match you skillset are either low balling, inaccessible bc you live too far away and they want you to do the work of 3 ppl. this is from corporate all they way down to the worker bee. the rich have a strangle hold on anyone who can't work for themselves...when did we as a society get like this where we are comfortable seeing ppl struggle, go without or in pain and suffering. it's just a sad situation all around.
In China was a wery hard to get this "paper". Then they are crying
I blame myself. I went to law school but if I had followed my heart, I would have learned welding, carpentry, metalwork and sculpting. But I listened to family and society giving bs importance to image. I would own my own workshop now instead being a slave inside a corporate office cubicle.
Too many people vying for a limited number of jobs will lead to these scenarios.
Who says we're comfortable? We are all struggling. It's heartbreaking but what do you do when you're getting so used to struggling everyday and don't know anything else?
@@juniorjames7076You have a job though. The focus is on those who don’t have jobs.
This will exacerbate the country's population decline
Agreed, they need more children to future to support the elderly and housing but their youth are unemployed.
Ya la universidad no sirve de nada......
Gebte que estudia psicología, enfermería, administración o contabilidad sin trabajo, es triste pero están sin trabajo. Sin nada...
@@Nn.65jukdepende del pais lo dices como si no estudiaran nada xD
soon everybody the youth will become anti-natalist.
oh no they'll have 1.3 billion people instead of 1.4 billion people it's over. maybe their massive population is the problem?
It's not only in China, it's happening everywhere around the world. Like for example I am in Kenya and unemployed. Been working freelance. I am a graphic designer with a heavy specialization in illustration. It's really sad that a person spends a lot of time and money only to end up jobless!
Lmao, get a manual job. Your career has been relegated to AI already.
@@peterseth3296 wow man how hateful and sad is your life for you to act like this you don't know maybe like me they have health issues that prevent us from doing trades have you ever considered that?
Maybe you should've tested the employment water before going to study. It's no use WANTING to be a graphic designer if the demand is narrow or highly competitive. If the skills you possess are not readily marketable then you've trained yourself into a cul-de-sac. Learn to do the things people want to pay for. Nobody owes you a job because you're a graduate...
@@tedthesailor172tell you what I guess I don't really know you but I have a job lined up I start soon in the US with a college degree I tried and got taken advantage by multiple employers trying to to either not pay me what we agreed on and also trying to get me to break safety laws btw I am in the US as such I have no sympathy for many employers now. Treat me like crap don't expect me to give you anything or invest into you. It pisses me off where all the older people are like you owe your employer everything to which I am like I don't owe my employer my life I work to live not live to work.
True but different places have problems for different reasons. For eg. China encouraged young people to go to study to push the problem of youth unemployment 4-5 years into the future as they hoped that with developing economy there will be more workplaces for college educated specialists. But China decided to murder their economy instead and now they face this problem.
Even STEM degrees are becoming over saturated. I know people personally that have CS and Electrical Engineering degrees are having trouble finding work.
Yes because its stupid. We can not be all enginneers or computer science degree graduates.
Engineering and MBas are basically union cards, with it, you are allow to acquire the relevant experiences. Friend of mine are engineers said 95% of what you learned are junk, never use again.
My heart goes out to this cohort, all over the world. Companies are laying off workers. Times are tough everywhere, not just China
🌹
College enrollment rate of Chinese education reach 60% in 2022. It is 12 million college graduates each year. It is too much. Even country with advanced economy like Japan had 40% college enrollment rate few years ago.
This is what US Millennials had gone through and are still grappling with.
woke progressive liberalism destroying America
the fact this many people can finish this so called "higher educations" tells you what it is worth these days. if more people manage to get a degree than geds or sth similar you know its just a sham. thats why most companies would never hire chinese. espionage concerns are one thing but the other is that they re just not really competent. they can memorize things, read and write. but thats kinda it :D
if everyone is special then no one is, if everyone has a degree then they are no longer a big deal
That's when companies, strangely enough, will start looking for international people to come in and take jobs, i.e., Americans. Strange logic.
A degree wasn’t about being special.
Getting my degree has definitely been a positive for me. Building a network was important. Took the first professional role they gave me, not what I majored in and went from there.
How do you build a network sincerely someone who is very shy and have trouble with talking people?
It is also very similar in my country (I live in one of the countries of the European Union). We are full of young people who have bachelor's degrees from various educational institutions, but then it takes a long time for them to find a job in their chosen profession - so it often happens that after graduation a person works in a completely different profession than he has an educational document - and it can be a relatively low-paying job. What helps a little in the education system is that many places require a 6-month internship in a company during studies - and it often happens that the company itself offers the student a job after receiving a bachelor's degree, if he proves himself to be the best. For example, a young person who has obtained a welder's diploma (at a professional school that is not a University) is more accustomed than a lawyer with a bachelor's degree - and a welder will earn more, because there are so many lawyers that they are forced to fight to be hired somewhere at all. Why do universities continue to mass accept students to specific faculties? Because the state gives grants to the university for each student, but what will happen to the student in the future is not the university's problem.
Romania, is that you ? :))))
Sorry no - never been in Romania. I am from North Europe.@@naythlamer_4279
I wish I knew that before I started studying law
A bachelor’s degree today is what a high school diploma was 20 years ago.
Not at all...Many Bachelors degrees today will earn you (in the West of course) 2--4 X what most people with high school diplomas will earn, assuming the graduate is above-average compared to his or her other uni peers. Just a few examples
Engineering, law, pharmacy, dentistry ...etc, all lucrative first-year graduate salaries, far higher than HS diploma salaries. And jobs in most of those fields o not plateau -- they *grow*
China is different obviously: it's like a dictatorship, with a sinking economy.
@@googleuser2609I agree with DeRothschild but in a meaning closer to a literal interpretation than that of a context of earnings. I imagine that education in the past century was significantly more advanced than what they are now, speaking on average. For example, schools have removed the Latin and Greek requirements. Additionally, other countries are ahead of the U.S. in terms of how early children are exposed to mathematical concepts of a given level.
I have always felt that education in my state was underwhelming.
I wonder what the unemployment rate is now for the non-student workers in China, ?? how much of Chinas society is unemployed or not making it financialy ??
That's why there is a lot of consolidation going on. I teach college English and dual credit students who are high school students taking college coursework. The system seems to be bridging the high school environment with the community college system and university system to the point that you will just be in high school and pick up your college degree along the way much like you can enroll in a Ph.D. program and pick up the master's degree after the two years. Consolidation!
@@TOMAS-lh4erguaranteed they cook the figures, I know here in the UK we do
I know how Chinese work first hand, the employers do really abuse their employees. Everyone work extra unpaid hours and don’t fight for their basic rights
Sounds like self employment is the way to go. Better than spending one’s life working for a terrible employer who mistreats their workers. It’s almost criminal that they don’t teach entrepreneurship skills in schools; only how to be an obedient worker.
So much for communism that's suppose to be strongly about worker rights.
And that's why their job situation is failing, they don't want jobs that's jot on their resume, that to get buy, ego, and abuse in jobs and not fighting back
@@tristanbackup2536 lol except all this unemployment is classic capitalism in play. This is exactly what Karl Marx talked about in his manifesto.
That's how things work in most countries. In East Asia it is even more pronounced also Japan and South Korea they lead suicide rates because their life is work where they are abused.
While everyone was getting advanced degrees, internship, etc, i was working, up to 3 jobs at one time. I didnt care what it wasz money is money. Getting real world experience. Making money. Making connections. While everyone was going on vacations, to the beach, dinners, clubs, . I just worked till i didnt know if it was day, night, what day of the week it was. Later i was able put down payment on my house, a rental property, and a small business. Actually a couple. Early bought, sold them if the price was right. Late 40s,early 50s i was semi retired. No worries about income.
In a couple of decades you'll be dead and no one will care about your life or your story how you became semi retired.
People want a job that will compensate their education... but the money is not there. Same in America.
Result of too high skiiled workers when there are mostly requirements for low skill jobs in the market. Graduation doesn't garuntee a job. The market decides that. I have played cities skylines a lot.
Like everywhere else, there's a glut of university graduates with degrees in art, business, economics, history, literature, marketing, psychology, sociology . . . and a dearth of carpenters, electricians, mechanics, plumbers . . .
The founder of Honda said this, Soichiro Honda, a movie ticket guarantee your admission into the theater, but a degree guarantee you nothing. He got into shit by his teacher saying that and got kicked out of school.
Even those who found a job, how many are going to be able to keep it for more than 2 months?
The situation seems to be the same around the planet, amazing how people keep believing that getting into debt to pay for a diploma that everyone else has will improve their job prospects.
I wonder if their boomers are calling them idiots for listening to the decade of messaging from nearly every adult they know telling them that sure all the jobs were outsourced, but you can go to college and learn the skills of the future, GO FOR ANYTHING! FOLLOW YOUR DREAMS! TAKE THE DEBT because companies will be so happy to see that you are educated, that it doesn't matter what you go for!!!
Then escape to their 60k homes now worth 1 mill that they bought w/ a firm handshake and a GED.
Absolutely.
there are thousands of chinese students abroad , what is their future like in a country that thinks 35 is old in the work place
they don't have one
I think less and less will return to their home country. If there's no hope there, why return?
Who cares? (Unless you live in and are stuck in China).
No future, they will probably stay.
In the Philippines 30 is old! You won't get them to even look at you! Even at McDonald's!!
And sometimes the sad part about it is, even though you see this happening, the elders or parents will STILL push their children to get a degree, just because of fear of people not respecting them or the families reputation etc
Are you asian ?
Because colleges now act like big business. They selling a product, diploma. Not exactly teaching something useful. People has to understand that 😵
It's all garbage. They teach nothing useful you can use on the job. The real world is nothing like in school. Colossal waste of time and money.
College graduates have the same problem throughout the world, even in the US. Most companies only hire the top 10% of graduates with related work experience as summer interns and proven interpersonal, leadership, and communication skills. Do not just count on your high GPA to land you a job quickly.
"Universities should take responsibility for the unemployment of graduates"
lulz thnx for the laffs.
Thats sounds stupid, after all universities are also business😅
It probably doesn't even apply in EU nations because education is cheap or even free for EU citizens.
@@anginribut477they are scams imo
Man these stories are so similar to what I went through back in 2010 when I graduated in Canada.
Labour job straight after unviersity, unemployment for over a year, crappy job after, went back to trades school.
The worst part is that my university friends who endured the STEM market are doing worse than me 15 years after, and from the looks of it I am more likely to get a management job, as it was mentioned: I have learned skills which are useful in the real world.
Can you give me pointers what kind of skills you learn?
@@ahagotcha First was to get forklift training. From there I got a job at a factory, then in a remote area where I did a technician job, learned to drive a vac truck and loader. The loader training led to a job in water treatment (after I took a program online), which led to very little but significant boiler operation. I took a course in power engineering (boiler man) and things have gone up from there.
Went from offers of $14/hour right after university to now unwilling to work for less than $50/h in power engineering.
Not only China… similar situation in Europe and US
this is what happens when education is prioritized becoming overcompetitive, it only took a around 200 years for this system to fail. Many with massive debt, gaining nothing from their hard work and wasting a quarter of their life studying things that they will never use
Are you talking about the US???
@@dennischen2642 nope, by the looks of it what you learn in China seems more worthless. Maybe that’s why they send so much of their children to study in American universities there?
People need to understand, labor jobs are the most important jobs, no labor equals nothing to buy, this is equilibrium at work.
Exactly. But the world has turned work into something to be avoided, encouraging flouncing, gluttony and luxury instead of respect for production of real goods and services.
very true. you need a lower middle class, not straight up poverty but like enough to live a normal life.
But the world has told the to pursue education above everything else they have not pushed them into trades.
If it were the most important one, they would pay the appropriate money for it. But so far, salaries in the labor market indicate the opposite. They say that the work of a worker (like himself) is unfortunately worthless.
Listen I didn't ask to be born into this shitty world and if I'm forced to live out life, I certainly will do so without shoveling shit.
It's a global issue. not only china. specially after covid.
I remember when everyone is working to get a college degree to be a doctor, an engineer, a pilot etc. People telling me that I've no ambition when I worked to get my electrical engineering and NWI (national welding institute) degrees and guess what? Since there's so few people like me nowadays that my call out fee is €80 and thats only looking at whats wrong for 5mins and not doing anything to it.
You did not need the elec eng part. The welding degree is a stand alone credential. Except to pull rank the odd time.
Those in the comments who mentioned manual labor, trades, construction, etc don't seem to understand that it pays very little in China. And there is almost no workers' protection, so if you get injured you are screwed.
That's why so many people went to study. But now that the market is saturated, nothing can be done. It's over for them.
Exactly, lol These people don’t realize that in most countries, blue collar jobs don’t pay as much as in the U.S.
well......in some places in developing world a skilled carpenter or plumber can be paid equal to or more than an architect.
and they did not even spent money for education......
@@manfromdownunder8407you need to understand the social stigma for worker jobs too. A lot of students in china were raised with this blue and white collar job mentality where working in a office is clean and smart. And labour job is seen worthless or something a 'poor' will do. Plus they don't have unions like in America or Europe do. A lot of have to do booms in 20th century boom and the consequences of that mentality is facing now
To answer the young woman's question, yes, she spent all those years in education to get no job. I know it's cold but it's reality. Just because you can do the education doesn't mean you get the employment. A tough real world life lesson. It sucks.
The tougher lesson is that if your uneducated you’ll be in a worse odd position
Easy for you to say, most people i say that are already lile domming their coworkers and got a good job.
Easy for you to say such a stupid statement.
@@henrytep8884Depends on the education. College for the sake of college is mostly worthless.
Activism education has made university a less useful tool for young people.
@@henrytep8884 u can educate ur self for free on the internet, the value of education is not as high plus its very expensive, the market is also flooded and oversaturated which makes the overall value go down cas getting the job is harder and harder
@@mrpotatorocks you can educate yourself…but not everyone can educate themselves on average. Do you know what it means to be a social creature? It means we get most of our utility/value/worth when we work with one another versus by ourselves. You ever struggle in school, but changed your teacher and that made a big difference? Educating yourself 😂 😂, that’s not even relevant to anything also. People literally are missing meaningful connection in life, And your solution is to atomize people even further through self education, 😂 😂. Talk about not knowing what is meaningful to changing the world towards a positive direction. No silly, people should be involved with one another more than ever, why would you prescribe educating oneself when loneliness and depression is at an all time high.
Here is my thoughts on this situation. The majority of people are told (by parents) that they should study because getting a blue collar job is “hard” and heavy on the body and could be “dangerous”. In addition, we as young adults don’t want a useless job like McDonald’s or some cashier getting 16/hr. That is why people are getting degrees more than ever and now struggle to find that job because they truly don’t want that “low level job” that is seen as not respected. These are my thoughts.
I pray that these people who are currently going through hardships will find success, happiness and prosperity.
Getting a University degree doesn’t always guarantee earning power
not getting one though is provides even less of a guarantee of earning power
@@user-qu6xp3jq4c Both of you are right (seriously) .....it depends on the career path.
@@user-qu6xp3jq4cboth are right
importance of trade skills....sadly it's probably looked down upon in Chinese society today.
What's that?@@dennischen2642
It is also quite evil to not warn these kids about other career being eliminated completely by future AI development, for those who are "career advisors."
AI, once its been sharpened enough, is going to take away alot of white collar jobs. Crazy to think about how technology could explode for the business world but finiacially ruin countries because the people won't get enough money to survive. It's going to be interesting for the next 2 decades.
They don't care. Universities are just like the banks. They're there to make money and they will lie to you if they have to.
Yet we happily continue in this broken system with hyper capitalism and being dependend on an income like nothing is going to change....
We will be what horses were back in the days......expendable. And we will feel that sh*t cause the rich just love their position, and the poor became too abedient to do anything about it.
Yeah not really. You are being sold the idea of AI, in reality it won’t be that disruptive to workers.
Sooner or later, AI itself will take over ccp
The education bubble will burst.
It has already exploded, and we are already watching it.
God, what a nightmare to be living in for young people.
Yes. I'm happy not to be a millennial (seriously).
The world is shifting. that college degree is meaning less and less . The pendulum is shifting from college to Physical needs like in the trades and actual experience and knowledge in computer designs. With AI coming into the industry many college degrees will become worthless and that will affect Women the most . Welding , Plumbing, Actual Computer skills , HVAC, Electrician are all in high demand . College degrees are a dime a dozen
Just like antibionics.
Still.....you think people with masters degree can learn that sh*t in like a year or so?
What happens when the whole workforce is shifting toward that? You think the 'high demand' is not ganna change?
We are on the brink of something not ever seen before.....and i think we have lazy world leaders, and egocentric billionairs running the world....
😅 I feel this I work in a factory in the uk, I did comp sci in university.
So what happens when you’re disabled or otherwise unable to pursue these fields of physical labor or trades? Are you just screwed?
@@fatcat22able yes
What's the point of Chinese students going through hell studying and homework now?
smart decisions > working hard. but this is not understood by the majority of chinese people
@@andreasb3347more like majority of Asians. All my childhood, my mother nags me to study 4 hours a day, pretty stupid. Glad I didn't listen and focused on Art and software engineering. Freelancing is the way to go in this economy
@@loreyxillumina are you chinese? i was wondering why many chinese dont work like indians as freelancers remote for higher paying clients in the west. is it legally impossible because even vpn is needed? because i think you cant make much money as freepancer when you have chinese companies as clients or?
@@andreasb3347 no I am not Chinese but Bangladeshi
@@andreasb3347我是中国人，但是我工作在印度尼西亚，我可以很明确的告诉你，现在中国最大的困境是大学毕业后能找到的工作薪水还不如直接去工地上搬砖，中国的白领平均工资比工厂里的操作工人还低
i don't think this is just happening to chinese people at all. Im facing this exact same problem in Peru
In Russia, diplomas have been of little use for 30 years. A lot of people work outside their specialty. Have the Chinese only just reached this stage?
In China,nearly 80 percent of graduates do jobs with no connections to what they majored in universities.Most of students were forced to choose the majors they don't like.I've heard that it's really tough to get a diploma in Russia,for instance,only a quater of students in 1st year can finally graduate from MSU math.
@@Braunschtiz The Faculty of Mathematics at Moscow State University is very difficult. In good technical universities, half of those admitted receive a diploma. In most universities, more than half of the students receive a diploma.
Southpark even had an episode about that. University degrees are out, trades are in.
Until the market becomes saturated with trades, then it’ll flip back to how it was before. And then everyone who said “should have gone into the trades” will change their tune back to “should have gone to college”.
Growing up no one ever said “go into the trades”, it was all “go to college or you’ll end up flipping burgers!” and now everyone is lying and pretending like they were telling people to go into the trades all along.
@@UberGastronomerAI can't replace trades like hvac tech, car mechanic, or aircraft mechanic. AI is like double fuck you to white collars right now.
At first I thought the title was misspelled and should be UNemployment rate. Then I realized it was the rate that the graduates were being employed. That is crazy.
I think the turning point was the year 2000 here in the US. Didnt have any proof but felt people were under employed. For the past many years it's common hear for those working at Starbucks, a BS degree required.
The number of college degreed is the highest ever and the advancement in computing power will reduce the number of workers needed. 😢
This is heartbreaking. A nation full of educated and trained citizens 😢😢
The sad thing is, and I don’t mean this just in China but everywhere else in the world, you don’t need a college to degree to do these jobs. A highschool diploma is more than sufficient. A lot of the work in the “career” isn’t complex and you can easily learn it on the job or maybe they can give you a book to study from that first prior to working at that job. But getting a whole college degree for it is actually really unnecessary and a scam when you look at the cost
The withdrawal of western companies from China means that the jobs that support those enterprises have also moved. I am not a Chinese university graduate but during my working life I kept adding to my education to be at the leading edge of technology in my region AND if necessary learn a European language and seek employment where the jobs actually are. Sadly the Chinese people seem to be blinkered to see China as the entire world. There are ways around every setback if you are open to exploring every option!
Have you ever been to China? They didn’t necessarily chose to be blinded. Many Chinese have never seen a white face. Or any color for that matter. They are repressed. Heavily. I had no idea just how free we are as Americans until I experienced China.
Why have Western Companies removed themselves from China??? :::
For the same reason Chinese companies are leaving China - labour is cheaper in Vietnam, Cambodia, ... To avert this inevitable crisis China had to grow it's indigenous market - trouble is China is so corrupt that it has not happened uniformly in China as patronage is still much more important than merit in China. You cannot build a bona-fide market when such a system is in place and these "Chinese values / ways of business" will ensure China's ascendency is short lived. @@khay_m
@@PondLeHockey1234free? Your hardly free, your shackles are simply made of bronze instead of iron. Your simply too blind or too weak to do anything about tit
@@PondLeHockey1234 Not too different from the US, most Americans don't even know where other countries are located. They live under the heavy surveillance and censorship of the NSA FBI etc, and subtle but extreme brainwashing and propaganda. Americans are fleeing their authoritarian mess for Mexico and they all say the freedom in Mexico is something they never experienced in the USA. The freest countries are not the authoritarian west like the US or the authoritarian east like China or Russia, but the developing countries. Only that we don't have as much resources here as those places.
American here. Wow, that is discouraging. Now I understand why so many of the migrants who are coming in over our Southern border are young Chinese people, which is a rather new thing. To me, it seems like our economy here in America really sucks right now, but maybe is is not as bad as some places, obviously.
Litteraly going through the same thing the thought of uncertainty of the future and depression and the bouts of anger are unbearable 😢
This has been the case for 20 years in the US
You can make lots of money in the trades.
Conservatives have been warning people for years to quit wasting time and money in college
This is the group that needs to rebel against a system that will not work for them
They control nothing how do they rebel? What's the bargaining chip?
They tried in Hong Kong. The activists didn't know that their livelyhood was from cheap labor in China. That Hong Kong was just handling the money and didn't produce anything. Now everything there is going down hill from lack of business.
@@boeingnz bargaining chip is that they lay even flatter, they already call themselves the last generation. Also they can take over industries over time and rule in favor of themselves. They can rebel through art, and they already are doing it through motivation. They still have control over their generation, just like every generation in the past.
@henrytep8884
Totally agree.
A revolution is needed but wait.....
Chinese nowadays have no balls..
How did Mao Zedong and his comrades drive Generalissimo Chiang Kai-shek out of mainland China?
Did Mao Zedong sit down and talk with Chiang Kai-shek and ask the latter in words such as, "Generalissimo, could you and your men get out of China?"
Diplomatic negotiations are useless; the Chinese government knows that.
When it's about the Israel-Gaza war and the civil war that's currently underway between the military junta and the ethnic tribes in Myanmar, the current Chinese foreign minister Wang Yi's mantra is that opposing parties of the conflicts must sit down and TALK.
However, when it's about Taiwanese' call for self-rule (read: independence), the Chinese government doesn't shy away from using military might to intimidate and harass Taiwan.
@@henrytep8884 how do they have control? how are they going to group up? are you going to be the messenger running messages between them? how are they going to post the art? how are they going to take over industries? seems like you think china is like america or europe
@@bchdev the other person has the privilege of not knowing true oppression. They will all end up like the students at Tiananmen Square if they try to do anything.
Its so interesting that instead of tearing up degrees etc. they are not holding these ceos and collleges accountable. Colleges have abandoned their relationships with the ceos and vice versa. Really sucks.
The government disrespects private property, intellectual property rights, and human rights. The disastrous result is the loss of vast amounts of wealth and talent. Then, Massive unemployment is in the expectation.
I feel very sorry for these young people.
So the Chinese are going through what the western world went through in 2006. God Speed, its rough.
My Chinese sister in law wanted a degree. Any degree. It didn't matter, she just wanted the paper and the clout that came with it. Her husband ended up writing all her essays and she was shocked that the course came with an exam because she thought she chose a degree without any exams.
The degree? Journalism. She never worked a single day as a journalist after graduating. I bet there are many people like this in China. They just want a piece of paper.
It's happening in the US too and it just sucks.
Sadly, a lot of young female graduates are also forced to work at one of the many dance bars all over China - eventually falling into prostitution and drug abuse.
Sex is another thing that eventually fails to sell in an - ahem, oversaturated market.
@@kbbrown8154
Tell me where it is "oversaturated." I want to visit that place.
At least females have that option. Males don't.
😅
建议你先去一次中国，那里的性压抑程度是西方人无法想象的，在中国，色情行业基本都是底层中老年女人，因为年轻女人做直播比直接卖淫还赚钱，至于吸毒就更可笑了，你知道在中国贩卖毒品会被枪毙吗，而且跟英语不同，在中文里“毒品”带有强烈贬义，“吸毒”在中文环境里的含义更像是“强奸”“抢劫”在英语里的地位，别拿你的思维考虑其他国家的事情
I would say, BEFORE you go to university, find out if there are any jobs when you graduate. Trades are usually in demand.
Yep. In the UK, plumbers and electricians actually earn more money than engineers
Can a human predict 5/6 years into the future?
@@Jamhael1nope. Which is why this comment above sucks. Why would an 18 year old know what they actually want to study unless they’ve known since they were 10? 99% of people I knew years ago did not know what they wanted to really do at 18.
@@shmevanriceballz2857 and you prove my point of why I HATE "job interviews", specially the stupid question "how do you see yourself in 5 years?".
why can't we all just have a job and a family? that should be the bare minimum everywhere, yet it is starting to be harder and harder. I empathise with Chinese people here
Same here in India and we also have uneven equalities in job caz of RESERVED SYSTEM......
Taking further education if you can't find a job is simply putting off the inevitable. It's like ascending to higher deck on a sinking ship. In a recession, the rising water of unemployment will catch and isolate you...
Yea it pays to be a boat builder if the ship is sinking.
@@Imlosep A fairly FAST boat builder...
They should all consider themselves lucky... gaining unemployment experience while they are still young... Imagine trying to learn that when they turn 30-40 and are no longer employable...
boomer
A problem that can be repeated over and over again around the world, the economy changes, the job market changes but universities and government policies are very slow to adapt... a student upon graduating arrives in a different world for which was prepared...
Only Doctor is something which can never get into recession
Healthcare is the only safe job.
It has also a lot to do with employers asking ridiculous qualifications for a shit job that even a slipper could do.
I'm from the Philippines, we've dealing with this since we removed our dictator. Population spike, babysitting capitalists, and poor leadership are just a few factors playing into this nightmare.
A college diploma will never guarantee you a job, let alone a success in life.
:) I'm from Romania. Same here...after the fall of dictatorship in 89'...we lost everything. Youe revolution happened in 89' too.
Part 1: Hello, I am Chinese and the unemployment rate is very high in China currently. Because the employment rate calculated by the Chinese government is known to be false. But my friend said that the unemployment rate in Europe and America will be lower, and the minimum wage will not be very low.
Part 2: I think this is related to education in China, because Chinese education is very garbage, and the vast majority of schools will not teach you how to live. Most of our ordinary university students just play in school.
As someone who grew up in a small village in China, The Chinese youth got it all wrong… Stop chasing the jobs and the trend, spend sometime alone, figure out what is that you really passionate about - farming, gardening, running, weight lifting - and start doing what you truly enjoy for free. Don't give yourself to the mindless and heartless industrial and technological machine, find and invent yourself. You are better than anything the world has to offer you.
So how do you make money?
@@PkrDealer86 you start making money when you get it.
I agree with your sentiment, yet one has to eat, only two of those things you mentioned would make one survive..
Problem is only a very lucky few can do something they enjoy and make money out of it.
Unlike the US, Everyone has a home in China that is free of mortgage. Happiness comes from understanding the meaning of life and be content. If working in the tech industry makes them happy, then that's why. But stop asking for a salary when the demand is not there. Start volunteering, work for a company for free, and show the boss your talent and abilities. Put yourself in these companies shoes and ask yourself what you are looking for and take it from there. If the demand for your deploma is not there, you have to settle for something else. It's called being flexible. Inflexible is a flaw and mental disorder in itself. I am not sure if companies want to hire someone like that. Again, develop yourself, train yourself, find yourself, know yourself and know what the world wants if you are fixated in the rat race.
Problem is people think education and intelligence go hand and hand.
3000 yuan is $417.... that's about $104 a week........how can anyone make a living with that?????
@@bigpumper643 Prime example of peak intelligence here... The price for food and items there is 16 time lower than in US. Why do you think muricans flock there for cheap slaves ?
It doesn’t but at least an educated person might be able to read and write
Sounds like you think only intelligent people deserve to eat?
@@bigpumper643 in many asian countries it is a basic income salary.
Here I am in Norway, doing just fine with just a truck driving license. I have a wife, and we are going to start trying to have a kids soon, our biggest worry is where to take vacation, as it seems like the world is going down the toilet everywhere else.
Finland has been on this road for at least the past 15 years. This video gave so much of the same feels that i have experienced for a long time now. So China becomes the new Finland!
The happiest country in the world?
So how Finland government face this problem?
Who would've thought everyone competing for the same job would be disastrous?
I'm actually shocked they are surprised. As self proclaimed over achievers y would they all do the same thing? Did they think Harvard would take an entire million of them because they got the same grades? Like what was they thinking individually and collectively 😆😆😆
That would require they know some basic economics like supply and demand, but Communists don't understand even that.
The only 3 growth areas in China are unemployment,hunger, and extreme poverty 😢
And visa processsing.
Also applies to many other countries that I know including mine and my neighbors. Not just China. They are probably better off than us.
well said but fools are everwhere refusing to see where china 's economy is heading now and still believing the state media , singing praise of the communist regime.
@@kamsunleong6648do you guys use sewer oil? If no then you are better off.
Yeah but there’s not much money in it. Lol😅
Not much different here in the U.S. Too many graduate chasing fewer and fewer jobs.
even tho u got a job , the company will treat u like sht coz they know so many people will apply somehow
This it's happening everywhere around the word
The university system in China is unsustainable. How can you be producting more people with masters and doctoral degrees than bachelor degrees? This is nonsense. Students are continueing their studies simply to survive, not because they will get a better job; because they won't. The market is saturated and their are fewer and fewer jobs for them. Companies aren't hiring and most foreign companies that likely had a research arm are closing up shop. They aren't investing in China or its people! I wonder how many student who leave to study abroad return home? Would you?
Does China really produce more people with MASTERS and DOCTORATE degrees than people with Bachelors degrees???
This is incredible! Wow! :::
Always take what you learn from the internet with a grain of salt. Do your own scholarly research. @@khay_m