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China’s harsh reality: youth unemployment
The Epoch Times
Unemployment is becoming an increasingly serious issue facing China. While laid-off workers are still facing a shortage of jobs, there is also a problem with youth unemployment. Statistics show that 70 percent of registered job seekers are young people. Before 2000, this high of a percentage was never seen in China.
China’s State Council news office had a press conference today. Mo Rong, Vice President of the Labor Science Institute of the Chinese Ministry of Labor and Social Security answered questions about the current unemployment issues during the press conference.
According to Xinhua Net, Mo Rong said that with China’s huge population, unemployment is a big problem since China’s labor force is enormous and, the quality of the labor force needs improvement. China is a developing country. It is very difficult for the developing economy to provide enough positions for the labor force. China is carrying out economic reforms and adjusting its social structure. Some factors may increase job opportunities, while some may cause more layoffs and unemployment.
China is transforming from an agricultural state to an industrial state. During this process, more and more rural labor will migrate to the cities. It is expected that there will be a large number of rural workers in big cities, which complicates the situation. In fact, right now there are 150 million surplus members of the labor force who want to migrate to big cities and over 11 million laid-off workers who need jobs. In 20 years, the population of people over 16 years of age will increase by 5.5 million a year. In 2020, the total number members in China’s labor force will be as many as 940 million.
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