Why Millions of Chinese Young People Are Unemployed

This podcast episode discusses the issue of youth unemployment in China, a country facing a widening gap between the jobs that college graduates want and those that are actually available. While the government emphasizes higher education and economic growth, many graduates struggle due to factors such as COVID restrictions, policy changes, and overemphasis on white-collar jobs. The mismatch between government expectations and graduate aspirations has led to a situation where young people are reluctantly taking blue-collar jobs or facing unemployment. The episode also explores the implications for the economy and potential government measures to address the crisis.