Thanks for your coverage on this topic! I'm really looking forward to another episode of the unemployment topic targeting minor cities in China. Because unemployment in China is much worse in smaller, especially aboriginal towns than in major cities like Shanghai, where governmental resources and business investment concentrates.

😭😭i work 3 jobs in the USA just to pay rent and eat. 2 jobs are delivery of food and medical device. 3rd job is caring for the elderly nursing on weekends. Can't find a decent job in the USA. I have no benefits because these jobs are all part-time. i'm 43 yrs old with a degree in business admin. I have $50k in student loan debt since i graduated 20yrs ago. My gf has 2 jobs, her parents has 2 jobs, my dad has 1 part time job and my mom passed. WE ARE ALL STRUGGLING TO PAY RENT IN THE USA!

cia shill

@@kyginger8005 where did you get the data about the smaller towns being worse. I heard completely different stories from you. People lost their jobs or cannot afford their livings in big cities went to back to work in smaller cities/towns. They got paid less but they still lived a sustainable life.

@@BloodyPandas There is no publicized data that backs my thoughts directly, just personal experience being a Chinese living paycheck to paycheck, combining with what I see and hear.

😭😭i work 3 jobs in the USA just to pay rent and eat. 2 jobs are delivery of food and medical device. 3rd job is caring for the elderly nursing on weekends. Can't find a decent job in the USA. I have no benefits because these jobs are all part-time. i'm 43 yrs old with a degree in business admin. I have $50k in student loan debt since i graduated 20yrs ago. My gf has 2 jobs, her parents has 2 jobs, my dad has 1 part time job and my mom passed. WE ARE ALL STRUGGLING TO PAY RENT IN THE USA!

What the hell? The US job market is super good right now. My wife and I are both mid level managers, and the pay + bonus have been going up fast in the last 2 years. There are so many jobs and not enough workers that I have several interviewees who just don't show up and don't even call to cancle. This happens because jobs are so easy to get that they are not afraid to burn bridges. We Chinese Americans, having focused on advanced degrees and having high paying jobs and plentiful investment opportunities, are very prosperous.

Also, the more specialized and higher the expectations of the workforce, the harder it is for people to find people willing to work low prestige jobs. This means that these positions end up being understaffed, leading to the people in those positions ending having to work longer hours to keep up. The pay for these jobs will be lower than high prestige jobs, but they end up going up still, so the gap between them and high prestige jobs go down, but people still don't appreciate them because there is still an image that they are still low prestige. This leads to prices of the every day things that these jobs provide going up. The more accessible that it is for unemployed people to access enough money to live, the less willing that people will be to do these low prestige jobs, because why not just... not? Especially if taking something like a labor or factory job means low pay and overtime, you will not have energy to search for the kind of job that you think is ideal because you will be too busy working. If you can get by without that, and spend your time searching for the good job, this is more rational a strategy. But this effects the fundamentals of the economy. I think the problem is actually ironically that we are too educated. Too many people go to post secondary education. Nobody wanted to do those jobs in the first place, and there was work that was better that required post secondary education. So people start to think that getting post secondary education means getting one of those good jobs. But for every 2 good job there is 8 bad jobs that need to be done to support its existence. Ironically, what helped the west get by is they shipped the "bad jobs" to China. This helped improve the Chinese economy. Now Chinese people are getting richer. Now they ship the "bad jobs" to the rural people. But you end up either having to force people to work, or you end up in this situation ultimately. I think China tries to mange this by restricting the ability for people to migrate internally. This way you can keep some provinces poor and dependent on this unwanted work for survival.

@@xiphoid2011 Wow I'm also Chinese American freshly graduated from University and have been looking for a job for the past 4 months - if the positions that have had several interviewees not show up are still available, mind sending me the application link? Haha Thanks 😅😅

@@dannyz2560 I'm hiring pharmacists and pharmacy technicians in a major metro in Texas. We have been having trouble filling job openings since COVID started and many boomers just chose to take early retirement. This is why US is so short of labors right now. We hospitals have been stealing staffs from each other back and forth, each time the wages go up, but the labor shortage is still here after 4 years! It's a real headache for us in mid level management, but yes we Chinese and Asian Americans are enjoying the higher pay and secure jobs.

me too

Because he is old and from local, and has nothing to worry about.

It only makes sense to cater your skills to suit to the needs of the industry.

I agree with you

The issue is that person graduated with a useless degree and a masters is double useless.

@@blackbelt2000 that is exactly what happens in china. More middle class family who sent their kids to study uni , they all want to sit in the office. Whereas there are still shortage of blue collar workers. To some, working as plumbers etc are still classified as low level jobs.

If your skills and personality are better suited for something else, should try and do it. Another issue with a lot of places is sure you can get some jobs if you need one, but one that pays enough for essential expenses is a bit harder to find.

inspiring

Yes. Life is not just only chasing for💲. Health is no. 1 of anyone priority as without health you have nothing. With health, one can have many options including what type of lifestyle, career and family life.

@@stevenliew2507 Young people dont understand and it is not their fault. In my chart-group with classmate, we all talk about money when we were younger. Because we still have children, house and car mortgate etc. Now we talk about health because children grown up, paid mortgage and some on use went to grave because health issues.

it's life perspective. when you are that old you have life experience and pretty much already figure out how 'things', society, people etc flows.

😭😭i work 3 jobs in the USA just to pay rent and eat. 2 jobs are delivery of food and medical device. 3rd job is caring for the elderly nursing on weekends. Can't find a decent job in the USA. I have no benefits because these jobs are all part-time. i'm 43 yrs old with a degree in business admin. I have $50k in student loan debt since i graduated 20yrs ago. My gf has 2 jobs, her parents has 2 jobs, my dad has 1 part time job and my mom passed. WE ARE ALL STRUGGLING TO PAY RENT IN THE USA!

How much do you pay? The single biggest frustration among every one of the friends I have back in China is that none of them want to accept earning 3000-4000 in Tier 2s. Even 8000-10000 in a place like Shanghai has been low for forever, but there are still so many jobs that don’t pay enough for the life people want to live. They give up and live with parents. So, you may give plenty of opportunities, but do you actually pay the salaries your employees want?

​@@financialgardening I'm not talking about myself, I'm in the industrial development field doing robotics and complex products. The salaries in my field are at a minimum of $4,000 USD and up for employees. Salaries in Shanghai are high, and that's why many Europeans and Americans look for positions and opportunities here - everything is happening here now. It doesn't matter if it's a second or first-tier city, what matters is what you can do and what credentials you have to prove it. I personally know many professionals who decided to quit the big city life and went back to their hometowns to generate much more money in e-commerce or other online gigs. That's what's really going on with the statistics - not much unemployment, but undeclared self-employment. There is also another group of self-overpraisers who can't accept positions they feel are not good enough for them, so they fill the unemployment number even when is their own choice. In China, you can get a job within a day if you want, as there is a wide spectrum of salaries based on your capabilities. The jobs you mentioned are at the lower end of the pay scale, and with those salaries, you would not be able to afford a rent on your own or even live comfortably while sharing accommodations. The financial situation would be quite tight in big cities with that.

Very true, following the ban of tiktok folks in the states don't know many young people in China use it as a serious promotion platform and so as many brands, they can easily generate ¥50k~10kper month in revenue, profit rate depends on industries, product types. With the flexibility of working at home, outside or studio, those with talents and resources are not keen on working a 9-5job regardless the earning amount, given it 5k RMB or 20k, any serious survey should counts Chinese youngth Self-employed status, they will be surprised many of them have 2nd, 3rd side kicks.

you have 3 years wages in savings ? how is that possible if your not 40+, do you live at home ?

calling kids and a wife unnecessary expenses is based

Unnecessary expenses 💀💀💀

​@@Xenonarth idk about others but for a lot of us gen z getting married and anything that follows is an unnecessary expenses

@@patatedouceyaim1407 No, I'm not 40 yet, although getting close, and I live alone paying rent for now because mortgage interest rate is a bit too high these days.

finance industry ?

wumao

​@@bullpup1337 westoid

Are you in a large and prosperous city in China? If you are then that could explain your observation since smaller cities and rural areas where the majority of China’s population lives have to experience more economic hardship.

@@bullpup1337 what's wrong with you. please stop trolling.

​@@loganlin6109 I currently live in Shanghai and used to study and work in Beijing before. I have some local friends who live and work in second or third-tier cities, and I would say that the job options there are definitely not as diverse as in bigger cities, since most of China's biggest companies (especially in the tech sector like Tencent, Alibaba, ByteDance) are located in larger urban areas such as Shanghai, Beijing, Shenzhen and Hangzhou. People working at smaller cities do earn less money, but that's because the minimum wage calculation is defined by each province and whether it's in the urban, oustkirts or rural area to match the local living expenses standards. Actually living there is not bad at all and perfect if you dislike the hectic life of big cities. For the younger generation, they tend to come to big cities to study and work since there aren't many growth opportunities in their hometowns. (By the way, 60% of the Chinese population lives in urban areas)

rabbit lady is a boss lol.

​ An Asian boss you might say

I agree. It sounds like a mis-translation.

故意的

even non-native Chinese speakers can feel that the translation was incorrect, as it's obvious she said she didn't feel the effects of unemployment.

I wish you were exaggerating but it's 100% true. Housing is easy and plentiful in most of China. Been there 4 times for months at a time. Here in SoCal a studio will run you close to 2k. Or rent a bedroom in a house for ≈$1400...miserable experience.

@@2WheelsGood.01 I uploaded the video, Condo associations fee is maybe not included (a normal thing in China to not) but for this size would be ~$20/month. ukposts.info8xI6sVxI31w

I uploaded the video of it, the ~$25 is condo association is maybe not included. ukposts.info8xI6sVxI31w

@@2WheelsGood.01 I uploaded the studio tour to my shorts

@deliriumskid What does that even mean, by the warf rent is probably more expensive.U S has 600'000 homeless with no way to come up with f.l.s of $6K and paystub showing $5K/month to get approved.

Il 25% dei giovani appartenenti alla fascia 16-25 anni

no its 25% ON TOP of that! nearly 50%!

According to different surveys, the unemployment rate in my country is between 4-5%. If the survey only counts 16-24 years old then the unemployment rate will become almost 80%. Because most of the kids are in highschool till 18/19. Except a few, most of them will continue their education. Since our country is still developing, there's no part time jobs available, the only way those university students can earn some money is through tutoring or freelancing. Also a small percentage of the students are joining content creation. They'll join the job market only after graduation at 23/24. So if those survey didn't include those external factors, then the whole result will show opposite result of the true situation of job market in my country. This is how the west mislead it's people and rest of the world. They'll make fake news about their enemies and demonize the normal people of their enemy country. Be careful of what you see on the news. There's too many misinformation this days.

Unemployment is high. Otherwise you wouldn't be seeing big numbers of Chinese with a nest egg, risking that, and their lives to get to America. All this video shows is no one knows what's going on in China besides their own bubble bc the media is so controlled by the gov.

The Chinese government revised the unemployment measures, removed students, but the revised unemployment is still 19%. 😮 that's really high for young people.

here is not that easy, they box you into age. over 35 no matter how good u r, your chance will be much slim. for Chinese companies mostly. unless you are super lucky.

More importantly, the China government is more inclined to protect the interests of enterprises, so that China's labor law can not fully play its role so far. For job seekers, this is a double dilemma. On the one hand, whether they can find a job, on the other hand, how long they can work without being laid off.

Not the same, China doesn't import 2 million people a year.

@@bentchudy2704 It's the same everywhere. And probably even worse in very capitalist countries like US etc., where politicians actually work for the big corporate interests, not the voters who elect them.

@@bentchudy2704i would say it strongly correlates with the city you reside in and the corporate culture

The Western mainstream media either describe China as an evil superpower that is gonna rule the world soon or as a collapsing autocratic country that fakes all economic numbers

Yes they do!

No we don't​@@matthewmoore6647

which countries are u referring to? Like African countries? lol

@@rpg1663 Troll or just a tool? I'll let you decide. If it's not too hard for you?

it's a communist country they have to give welfare

as always, easy to find jobs in Alberta.

@@JalomMatialol

Just go farming instead and that's the easiest way to get a job is.

In their way, a strong single government does have its benefits. A path forward is set and metrics defined, bow it's just up to the local governments to enact it. Whereas in the west there's just lots and lots of talk and lobbying and things get shelved for years. I mean, in Sydney it took almost 35 years before the second airport finally broke ground. The train system had to be totally overburdened before expansions were started even though a review 40 years ago said that a significant capacity increase through those coming 40 years would be needed. But nothing was done for 30 years... Again

It depends on which State you are in also ,,for eg in my state of Karnataka the unemployment rate goes from a range of 0.9% -2.8% and youth unemployment will hover around 8-15%..but when you consider the whole nation majority of our youth are in UP and Bihar which do not have enough job opportunities which brings up the unemployment rate....

Situation got so messed up when you realise the unemployment rate is more in Haryana and J&K but it's people are still not poor infact many are rich but unemployment rate in up and Bihar is low but still their people are poor

High growth rate is due to Modi changing the method of calculating GDP in 2015, growth jumped from 4.5% to 7% since then. Many prominent economists had questioned the data, Central Bank governor Raghuram Rajan, Chief Economic Adviser Arvind Subramanian.....Look up article, Is India exaggerating its economic growth? - BBC GDP Numbers Are Mystifying, Don't Add Up -- theWire

Will India's unemployment rate count women? I have seen very few women working in India.

Because the wealth of India is controlled by mostly Brahmins

We are always like this, it’s just how the US media keep bashing us. And they are CIA funded

@@moneymoneymoney335The CIA doesn’t have to do anything to make you look bad little pink, you do that quite well without our help 😂

@@pmcpegasus the CIA has spent so much money one their propaganda

You won't get the answer if you interview people who are still in the city, because when China's economy was good, most of the migrant workers came from the countryside. Now that the unemployment rate is serious, many migrant workers have gone home. China's real estate is the best reflection of the problem. Many rental properties are vacant because migrant workers have returned

The trades will only be safe for a short while. As these will be the only type of jobs people will be able to get there will be a saturation in the trade market pretty quick. So carpenter and plumber willl face huge competition in the future which will bring down wages to next to nothing.

Chinese working classes are migrant labor workers, they are farmers or villagers from inner land area. China is now developing rural area, to use high techno for agriculture , the farmers need more training to improve food production. modern farming is a promising future for farmers.

Some Chinese state companies are working with rural villagers to raise pigs, chicken or grow rice and vegetables , therefore, some farmers who were used to move into city for jobs, now choose to stay in countryside and work with government farms, because the salary is also OK for them.

Robots can. It's just there's so many use cases and each one needs to be trained with through software, so it will take a while because of that. Plus, there needs to be a bit of a industry presence with robotics given the construction industry are typically a later adopter of cost savings innovations.

It's not really true though because 24 hours are very different for rich and working people. Working people clean, cook, take kids to school, care for children and family members, work multiple jobs, and work while studying. Rich people pay others do to all those tasks for them.

But do not stop trying go up, it will came out better than not trying.

@@zarategabe and as much as possible, be kind to yourself and don't clean, cook, care and work too hard take enjoyment in the tasks that you do

@@zarategabe so true... even the time is the same, but the poor need to sell their most time for survival and basic needs, while the rich could spend more hours on how to live with their hobbit and passion.

Rich can decide what to do for the day , poor have to decide what they can do for the rest of the day

I don't think the point is how bad it is in absolute terms, but how abruptly it's changing. Also, working in a Walmart is much less a class issue in Canada than in China. Relatives in my family paid 300k to get a niece of mine a 2k/month job so they get the slightest sense of relief. It is not the same

@@TheVampB Working at Walmart in Canada is for sure a class issue. You will not find any well to do families with any family members that work at Walmart. Also if you knew the people that worked at Walmart which I having worked at these places while in school do know, you will know they are not normal middle class people. People that work at Walmart are mostly desperate lower class people that can't rub two $50 bills together. The wages from lower end retail and service jobs in the US and Canada are not living wages. Also when times are bad you cannot just get extra shifts to work extra time to make ends meet. You can get hundreds of ppl lining up for McDonalds jobs at the worst of times. Things are changing but the speed is normal for China. Things go boom and bust in weeks in China. Ppl go from making a million dollars in one year to losing a million dollars the next year. That's just how the unfettered market system for the service sector works in China. If you want no income volatility and just high incomes that doesn't exist in China or anywhere else. The problem with Chinese people and their insecurities is they want a guarantee for everything. They want to buy their kids a guaranteed high income for life and complain if they can't buy this or it is too expensive. This kind of thing doesn't exist anywhere in the world. You can't buy your kid's way into being a doctor or a AI engineer at google. Your kids have to earn that on their own. If you buy their way to live in opulence the only way to do it is by giving them a trust fund. Any other way will cost you exponentially more money. For example you can buy your mediocre kid a degree at Stanford for 2 million and put him in a high paying job at a company that you generate millions of dollar of income for. But then your just spending 10 million dollars to buy 4 million dollars of value. The only thing you can arbitrage between China and the West is that the competitiveness of the average worker/student is significantly lower outside China. If you talk about how the average uncompetitive person is doing. They do even worse in the West than in China. The bottom 20% of the population out here live extremely poorly.

yep, we felt it in Australia too, Its very depressing. I stop reading mainstream news now days.

Same goes for everywhere

Success comes out of hard working and an attitude of never give-up. many people are caged in mindset.

不肯吃苦的才有吃不完的苦😂

如果你不想爬起来，没人会逼你爬起来，生活变好不是靠中彩票，如果信了不想吃苦的鬼话，那一辈子也就那个样子了。

@@serriajohn Nope, the younger generation in China doesn't think this way, so I don't think the U.S. needs to do anything to stop China, they will collapse in the future.

Didn't you find it's staged?

@@sdfsafasfsf5545 It's not staged, this is incredibly average as far as interactions go with Chinese people.

For real😂

Being middle aged, what he says is inspirational but practical. The truth is just working hard and staying positive won't make a good life. You must couple hard work with a good plan to have a good life. Look at us Chinese Americans. We prospered far beyond even white Americans. Meanwhile you have Hispanics and African Americans that stays poor even though they have been here longer and were richer than us when we chinese first came here. Blacks and Hispanics work very hard too, but the difference is they don't make long term education focused plans. This is why we Asian Americans went from the poorest to the richest race in the US in just 30-40 years, while they remain poor even after more than 100 years.

Primarily driven by lack of supply, especially in essentials like housing. All while corporations report record revenues. Our wallets circle the drain of a deliberate profit-price spiral.

depends where you live. inflation has risen prices, no doubt, but most people I know, including young people have no problem finding jobs that can provide for all their living expenses.

China also have many jobs, unfortunately many factories can hardly to recruit baseline workers. The X generation prefer office jobs.

Nope, much worse than other countries. American unemployed is 3.6% for example

😭😭i work 3 jobs in the USA just to pay rent and eat. 2 jobs are delivery of food and medical device. 3rd job is caring for the elderly nursing on weekends. Can't find a decent job in the USA. I have no benefits because these jobs are all part-time. i'm 43 yrs old with a degree in business admin. I have $50k in student loan debt since i graduated 20yrs ago. My gf has 2 jobs, her parents has 2 jobs, my dad has 1 part time job and my mom passed. WE ARE ALL STRUGGLING TO PAY RENT IN THE USA!

@@michaelgothenburg364that’s because US also count any form of employment, such as casual. China counts full time or part time. They don’t count delivery services

@@michaelgothenburg364 3.6％ is the overall unemployment rate, not youth unemployment rate, the unemployment rate of China is about 5% still higher than USA though

@@michaelgothenburg364 The US is on another level, you can't really compare...

As a tech founder in India, surprisingly it is the same. Fresh college grads have high expectations, the brainwashing that Gen Z is different etc. Very hard to find freshers with right attitude. It is not their fault. 'Education' & 'trainings' have spoiled them and made them less emploayable.

​@@ishwarabhatbecause you pay 3 lpa in 2024

@@deadgamer4140 For the benefit of those who listen, few points: I understand how many socialist activist influencers are peddling some stories. Few points : (a) From 2004 to 2024, fresher competency has not increased. (b) It costs more to train freshers because the experienced members are more expensive now. (c ) Attitude and behavior don't depend upon level of CTC once a job is accepted. (d) Many of the top leaders of large companies say that irrespective of salary level, freshers are too distracted. Many think they already know everything etc. Now these companies, pay much higher. Due to these factors, many reputed companies are delaying onboarding. I hope freshers stop watching content of self-serving influencers.

Thank you ❤

愤慨​@@sheldorcooper7606

why?

@@fintech1378 That's Chinese labor market

That's probably true in US or EU, but Chinese job market is way way more vibrating than you think.

@@Wilson24678 poor prisoner

@@Wilson24678 lolll obviously you haven't seen the chinese legal market

They said after pandemic

During the pandemic, job market was not affected in China. So they are able to resign and find a new job.

I resigned before the pandemic, best decision I ever made :)

everything is OK during covid, some people were locked down at home, while many essential workers have to work harder and got salary increased, and these essential workers are pretty stressful, such as nurses, doctors, delivery guys and HR dept.

China is a large country, not everyone has been affected by the pandemic, and people in many areas continue to lead normal jobs and lives.

No, more like 陈都灵

@@user-hq3ht2hp6xlike your avatar😂

Some people are obsessed with their educational level and neglect their majors. In other words, their majors are easier, so competition in society is more intense. My cousin is a master's graduate in materials science, who lives in a small city in China and works for a private chemical enterprise. His salary exceeds more than 90% of people in China, including Beijing and Shanghai.

@@user-rj9ee7hw8u this is very true, good factories are normally located in remote area or outskirt of a city, and salary is higher than these who live in cities. I worked in a RND center , located in an outskirt area, need to drive 2 hours to get back home in city center. however, salary is pretty good , dorm and canteen food are all free, coffee , fruit and snickers are free to supply too.

Many undergraduates in China will go on to further their level of education because survival is not a major issue for them, and their families will continue to provide for them until Generation X decides it is time for them to go to work. So they will choose to further their education instead of looking for a job.

A large proportion of Shanghai's population comes from other provinces, and it is likely that none of the interviewees are locals. They emphasized their assessment of the unemployment rate of their friends, including their hometowns!

@@user-gv9du8pg8l seems like you just made up a delusion for yourself. Usually even if one man is a newcomer, he would entitle a precondition before answering, like "in my hometown...".

Not good because their married life is very chaotic and many Chinese women hit men. Gives more pressure

how and why? bro

Canada: Runaway price inflation for housing & food, same as in US. But not china.

keep streets clean pajjeet

@@adolft_official oooooooooooooo

FACT: China enjoys the highest rate of home ownership among all major nations.

That might depend what is the job for and if it has tech barrier or not. I am at my 40s and a normal engineer, sometime I feel like hard to find a job, 20% of my colleagues got laid off last year and at my similar age and all found jobs and some even got 20-30% salary raise

As a Chinese, I actually envy you because you can earn three wages in one day! A job in China may last more than 10 hours, haha,

she was a tour-guide, very open minded, and optimistic on life. Tour guide is kind of free lancer. it means she earned enough before COVID time.

you should go to China, you will find everywhere is so clean in china😄

A bot with the username @bullpup1337 is already here.😂that bot is on every china related video spreading misinformation.

什么是cia bots？

Says chinese bot