BEIJING (Reuters) - Rising unemployment in China is pushing millions of college graduates into a tough bargain, with some forced to accept low-paying work or even subsist on their parents’ pensions, a plight that has created a new working class of “rotten-tail kids”.
The phrase has become a social media buzzword this year, drawing parallels to the catchword “rotten-tail buildings” for the tens of millions of unfinished homes that have plagued China’s economy since 2021.
A record number of college graduates this year are hunting for jobs in a labour market depressed by COVID-19-induced disruptions as well as regulatory crack-downs on the country’s finance, tech and education sectors.
The jobless rate for the roughly 100 million Chinese youth aged 16-24 crept above 20% for the first time in April last year. When it hit an all-time high of 21.3% in June 2023, officials abruptly suspended the data series to reassess how numbers were compiled.
It’s free!! Tell your friends. Shake off a hexbear or an ML with words they can’t say back to you!
Isn’t making up guys that don’t exist so you can feel intellectually superior just the best?! 😀
Say it. Wimp.
Why? Like what do you think I stand to gain from posting something because you told me to? Lol
You know exactly why I want you to say it.
Okay so am I right to assume you’re just looking for a reason to justify your dismissive smug attitude? Because that’s genuinely what I think you’re doing.
That is the pot calling the kettle black. ;)
I just don’t believe you can type it. Any excuse not to answer the question, that was part of the original joke! Pretty spot on so far.
What does that mean? Do I not have fingers? Omg am I an AI stuck in a simulation and my code literally prevents me from typing out some magic spell for no discernible reason?! 😲
Or maybe you started this thread by taking swings at windmills and as a consequence I just don’t take you seriously enough to feel the need to prove anything to you. I’m amazed you haven’t considered that.
But hey I get it. That tinfoil hat sure is shiny and you wear it well. It would be such a shame if you decided to take it off.
Now you’re just rambling.
Goodbye.