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China economy
EconomyChina Economy

China’s youth league to tackle graduate job pressure with advice, aid and a chance to ‘toughen’ up

  • Amid growing concern about the labour market, China’s Communist Youth League says it will help at least 100,000 graduates find jobs this year
  • A record 10.76 million graduates will be fighting for fewer jobs, as the economy faces pressures ranging from the coronavirus to slowing exports

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China’s record-sized graduating class will be fighting for fewer jobs in 2022. Photo: Getty Images
Luna Sun

China’s Communist Youth League has vowed to help find employment for the country’s record number of graduates this year, who are about to enter what economists are calling the most challenging job market yet.

The youth league, which is often seen as a training ground for the next generation of party leaders, said on its official WeChat platform on Wednesday it would assist at least 100,000 graduates to find jobs this year.

China’s record-sized graduating class will be fighting for fewer jobs in 2022, with competition heightened by mass lay-offs and reduced headcounts at private firms amid a wide-ranging regulatory crackdown and slowing economic growth.
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The youth league’s pledge comes as China’s top leaders warn about the job situation and even graduates of elite universities struggle to find positions.

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Record 2.1 million Chinese sit civil service exam as economy slows, youth jobless rate climbs

Record 2.1 million Chinese sit civil service exam as economy slows, youth jobless rate climbs
During a recent visit to Sichuan province, President Xi Jinping acknowledged the challenges faced by graduates entering the workforce, especially those from poor families and or who have been unemployed long term.
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