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Understanding China

News & analysis
Great Power ConflictTensions With U.S.Taiwan RelationsChina EndgameControlling CompaniesEconomic ChallengeNew LeadersXi's No.2

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https://www.wsj.com/articles/the-problem-that-wont-go-away-in-china-high-youth-unemployment-f22e3b8c

China Has a Youth Unemployment Problem Because College Grads Are Waiting for Jobs That Don’t Exist

Despite economic recovery, young people find it hard to land jobs, and Beijing can’t seem to find a solution

By
Stella Yifan Xie

HONG KONG—China’s failure to reverse a sharp rise in youth unemployment is becoming a bigger headache for Beijing, with many economists saying the problem reflects a jobs mismatch that could defy government solutions for years.

Joblessness among young people aged 16 to 24 rose to a record of 20.4% in April, significantly higher than a few months ago and far above the prepandemic rate of 13% or lower in most of 2019.

The...

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