​Rotten-Tail Kids

  • The increasing unemployment rate among Chinese college graduates has led to a new generation of "rotten-tail kids," who are struggling with low-paying jobs or relying on their parents’ pensions.
  • This situation reflects broader economic challenges exacerbated by recent disruptions and regulatory crackdowns.
  • The unemployment rate for Chinese youth aged 16-24 exceeded 20% for the first time in April last year and reached a peak of 21.3% in June 2023, prompting an abrupt suspension of data collection to reassess reporting methods.
  • As of July 2024, youth unemployment remains high at 17.1%, with 11.79 million college students ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy October 2024 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Terms In Vogue