China’s youth unemployment remains high at over 17% in July amid serious job market recession
The country’s prolonged real estate crisis has forced businesses to reduce their
number of hires, though the number of university graduates has hit a record
high.
student listens to a recruiter at a joint job fair held in Tangshan, Hebei
Province, on July 31. PHOTO: THE YOMIURI SHIMBUN
BEIJING – China’s youth is facing a serious hiring slump.
The country’s prolonged real estate crisis has forced businesses to reduce their
number of hires, though the number of university graduates has hit a record
high. A job fair held in late July in Tangshan, Hebei Province, drew large
crowds of job-seeking students and their parents. The June-July period is the
graduation season for universities in China, with jobs typically starting
between July and September. Job hunting begins a year before graduation.
However, there were many young people at the job fair who have been unemployed
since graduating. The fair announced that about 80 companies and entities,
including electronics and pharmaceutical firms, had prepared over 1,500 job
openings. However, one male student in attendance said, “They are all low-paying
jobs.” Yu Xiao Long, 24, who was job hunting in Beijing, sent his resume to
about 6,000 companies, mainly IT firms. At one interview, he was told, “You are
replaceable,” and was rejected. Yu finally secured a job in late August but
lamented, “There are too many people, which makes the competition too fierce.”
The Yomiuri Shimbun china-job.jpg A student listens to a recruiter at a joint
job fair held in Tangshan, Hebei Province, on July 31. PHOTO: THE YOMIURI
SHIMBUN September 3, 2025 BEIJING – China’s youth is facing a serious hiring
slump. The country’s prolonged real estate crisis has forced businesses to
reduce their number of hires, though the number of university graduates has hit
a record high. A job fair held in late July in Tangshan, Hebei Province, drew
large crowds of job-seeking students and their parents. The June-July period is
the graduation season for universities in China, with jobs typically starting
between July and September. Job hunting begins a year before graduation.
However, there were many young people at the job fair who have been unemployed
since graduating. The fair announced that about 80 companies and entities,
including electronics and pharmaceutical firms, had prepared over 1,500 job
openings. However, one male student in attendance said, “They are all low-paying
jobs.” Yu Xiao Long, 24, who was job hunting in Beijing, sent his resume to
about 6,000 companies, mainly IT firms. At one interview, he was told, “You are
replaceable,” and was rejected. Yu finally secured a job in late August but
lamented, “There are too many people, which makes the competition too fierce.”
Affected by real estate slump Youth unemployment remains stubbornly high in
China. The National Bureau of Statistics of China reported last month that the
July unemployment rate for those aged 16-24 — excluding students — worsened by
3.3 percentage points from the previous month to 17.8%. This significantly
exceeds the unemployment rate for all age groups. The actual situation may be
even more severe. After the unemployment rate for the age group hit a record
21.3% in June 2023, the government stopped publishing data. It resumed
publication in December 2023, but the rate dropped due to a change in
calculation method which excludes job-hunting students. The job offer rate for
students, reported by China’s major online recruitment platform Zhilian Zhaopin,
had fallen to 47.8% by mid-April 2024. However, the site has since stopped
publishing this data, suggesting the rate may have worsened further. China’s
economy has seen sluggish consumption since the real estate downturn began in
2021. This has spread to manufacturing and finance, leading companies to reduce
hires. The government’s tightening of regulations on IT companies, which are
popular among students, citing abuse of market dominance, has also significantly
impacted the job market. Meanwhile, the number of people with undergraduate or
graduate degrees in 2025 is projected to reach a record 12.22 million, up
430,000 from the previous year, further intensifying the employment crisis.
Dissatisfaction spreads online The government has a growing sense of urgency. At
a Politburo meeting chaired by President Xi Jinping in late July, the Communist
Party identified employment stability as a top priority for the rest of this
year’s economic policy. Initiatives include dispatching university graduates to
rural areas for agricultural and educational support, but the effectiveness
remains uncertain. Posts expressing dissatisfaction with the job market have
spread on social media.
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