Over 200 million people in China are working in the gig economy
A recruiter talks with an applicant at a booth at a job fair at a shopping center in Beijing on June 9, 2023.After quitting the education industry last August due to China’s crackdown on private tutoring, He Ajun has found an unlikely second life as an unemployment influencer.
China is under instruction to unleash “new productive forces," with government policies targeting narrow areas of science and technology including AI and robotics. China suspended releasing youth jobless data after it reached an all-time high of 21.3% in June 2023, later tweaking criteria to exclude current students.
Meanwhile, analysts say China’s 3.9 million vocational college graduates are mostly equipped for low-end manufacturing and service jobs, and reforms announced in 2022 will take years to fix underinvestment in training long regarded as inferior to universities. Anna Wang, 23, quit her state bank job in Shenzhen this year due to high pressure and frequent unpaid overtime. For a salary of about 6,000 yuan per month, “I was doing three people’s jobs,” she said.
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