Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Tuesday, August 20, 2024
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

How These Young People Got Their Jobs in China’s Tough Job Market

January 28, 2024
in News
Reading Time: 6 mins read
A A
How These Young People Got Their Jobs in China’s Tough Job Market
0
SHARES
ShareShareShareShareShare

They knew the job market would be tough. None were prepared for just how tough it proved to be.

China’s economy is struggling through a sustained slowdown, with real estate developers mired in debt, families fearful of spending and entrepreneurs hesitating to take risks. Joblessness levels among young people have hit record highs.

We spoke to five young Chinese about what it took to find their jobs amid such uncertainty. They described moving home with their parents, exhausting their savings, taking on unpaid internships or working two jobs.

They also spoke of a generational disillusionment. Born in the headiest years of China’s economic boom, they grew up with more opportunities and more comforts than their parents — and also higher expectations. They were told that, with hard work and the right education, their futures were all but guaranteed.

Now, those boom years are fading, as are many young people’s hopes — with unpredictable consequences for China and the world.

How These Young People Got Their Jobs in China’s Tough Job Market

Nadia Yang, Class of 2019

Fiona Qin, Class of 2023

Qilai Shen for The New York Times

Until recently, Fiona Qin had always had a plan. She wanted to get into a good college, then a top graduate school, then find work as a journalist at a news outlet in a big city.

She seemed well on her way in the fall of 2022, as graduation approached. While finishing her master’s program in Beijing, she completed several internships. She set a target of submitting applications to 100 jobs — surely enough, she thought, to net an offer.

READ ALSO

3 red flags that you and your friend should not travel together

Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

Ethan Yi, Class of 2022

Qilai Shen for The New York Times

Looking back, Ethan Yi thinks he had been a little entitled, or at least naive.

Mr. Yi, who graduated in June 2022 with a bachelor’s degree in management, had always been told that a college education came with certain benefits. He wouldn’t need to toil as his parents had, working as vegetable wholesalers. He could expect good pay and respect.

Two weeks after arriving, he was hired by an agricultural chemical company, for $730 a month. He rented an apartment on the outskirts of the city and threw himself into training.

“I’ll see how things go, take it slow,” he said. “Making fast money is impossible. I see that now.”

Phoebe Liu, Class of 2022

Gilles Sabrié for The New York Times

Still, Ms. Liu was rattled by how hard it was to get her first full-time job. Other traditional benchmarks of adulthood, like buying a house, felt more out of reach than ever, especially in a city as expensive as Beijing. While her father had succeeded as a businessman as China’s economy boomed, she doubted that she would be as upwardly mobile.

“Even if I work my hardest for 10 or 20 years, will I really make as much as them?” she said of her parents’ generation. “Now you can’t accomplish the same things through your own hard work.”

Tsuki Jin, Class of 2020

Qilai Shen for The New York Times

Tsuki Jin grew up in a small city in inland China, but had long wanted to experience life outside. And in April, she decided to make that dream happen — tough job market or not.

Ms. Jin, who asked to be identified by her family name and a nickname, quit the human resources job she had worked for two years and moved to Shanghai, with nothing new lined up and roughly $700 in savings.

“I think it’s not good for young people to be too comfortable,” she said. “It’s good to go out and see things.”

Ms. Jin’s path shows how some young Chinese are able to hold on to their ambitions: being willing to compromise on almost everything else.

Even with her new job, though, Ms. Jin is already thinking ahead to her next adventure. After a few years in Shanghai, she wants to try other cities.

“It’s all life experience,” she said.

Credit: Source link

ShareTweetSendSharePin
Previous Post

Mets enter 2024 with less star power but more depth in rotation

Next Post

Cody Rhodes, Bayley earn big wins

Related Posts

3 red flags that you and your friend should not travel together
News

3 red flags that you and your friend should not travel together

August 20, 2024
Google IPO banker tracks two-decade journey from Silicon Valley upstart to  trillion
News

Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

August 19, 2024
SEC charges Carl Icahn with hiding billions worth of stock pledges
News

SEC charges Carl Icahn with hiding billions worth of stock pledges

August 19, 2024
What TikTok’s ‘underconsumption core’ trend means for your money
News

What TikTok’s ‘underconsumption core’ trend means for your money

August 19, 2024
Beijing and Hollywood are decoupling as Chinese audiences favor domestic productions
News

Beijing and Hollywood are decoupling as Chinese audiences favor domestic productions

August 19, 2024
Goldman Sachs cuts odds of U.S. recession to 20% on fresh data
News

Goldman Sachs cuts odds of U.S. recession to 20% on fresh data

August 19, 2024
Next Post
Cody Rhodes, Bayley earn big wins

Cody Rhodes, Bayley earn big wins

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's New Here!

JPMorgan Chase rolls out AI assistant powered by ChatGPT-maker OpenAI

JPMorgan Chase rolls out AI assistant powered by ChatGPT-maker OpenAI

August 9, 2024
Two of our favorite Ooni pizza ovens are deeply discounted right now

Two of our favorite Ooni pizza ovens are deeply discounted right now

August 8, 2024
Chinese EV makers debut in Singapore as city-state dangles incentives

Chinese EV makers debut in Singapore as city-state dangles incentives

August 9, 2024
InvestBev Announces Strategic Investment in Non-Alcoholic Lifestyle Brand, Sèchey

InvestBev Announces Strategic Investment in Non-Alcoholic Lifestyle Brand, Sèchey

August 16, 2024
Allow AI scraping from Google or lose search visibility

Allow AI scraping from Google or lose search visibility

August 16, 2024
Warner Bros. Discovery sues the NBA in a last-ditch effort to block Amazon’s new streaming package

Warner Bros. Discovery sues the NBA in a last-ditch effort to block Amazon’s new streaming package

July 26, 2024
Waymo’s sixth-generation autonomous fleet has fewer sensors ‘without compromising safety’

Waymo’s sixth-generation autonomous fleet has fewer sensors ‘without compromising safety’

August 19, 2024

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • Super-angel billionaire Ron Conway blindsided by crypto allies: report
  • Mets’ season will be defined by this 10-game gauntlet
  • Consensus raises $11.5M for AI research engine for scientific papers
  • Morgan Stanley exec, entrepreneur’s teen daughter missing after tornado at sea

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In