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As Youth Unemployment Hits New High, China Waxes Nostalgic for the “Boom Years”

by Asia Today Team
November 5, 2025
in Business
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China’s Nationwide Bureau of Statistics printed new information on Wednesday displaying that city youth unemployment rose to a two-year excessive final month. In line with the information, the speed of unemployed youth aged 16 to 24 (excluding college students) rose from 17.8 p.c in June to 18.9 p.c in August, nearing the historic peak of 21.3 p.c in June 2023. This growth underscores how even in a rustic that censors and “optimizes” unfavorable information, a harsh financial panorama continues to frustrate hundreds of thousands of Chinese language youth.

After the height in 2023, authorities officers suspended the publication of youth unemployment information for a number of months and revised their methodology to yield decrease figures. Articles discussing the state of the Chinese language financial system have additionally been censored on-line, together with one on WeChat from March titled “Ten Questions In regards to the Chinese language Economic system in 2025,” and the same checklist of ten financial questions in 2023. A meme evaluating plenty of youth at a job truthful to the Terracotta Warriors was likewise taken down from the web in Might. Upon listening to concerning the newest youth unemployment figures, Chinese language netizens on Weibo and X joked concerning the sensitivity and unreliability of such statistics, as documented by CDT Chinese language editors:

Stream2024: Nice information! One other report excessive!

请你吃米花糕: Chinese language individuals love being primary. Listening to about any improve makes them immediately glad.

-SSSR-17: Fast, cover the information.

adoublesoul23: That is nonetheless “optimized” information. The precise determine might be round 20-30%.

soulwan_0119: The proportion of younger individuals with out steady jobs is over 30%, a minimum of, since official unemployment surveys depend delivering meals, Didi driving, serving to with a household enterprise, part-time clerking, and even going to job interviews as “employment.” [Chinese]

Earlier this month, Barclay Bram on the Asia Society Coverage Institute printed a report inspecting how youth unemployment has modified Chinese language society. Bram described the number of points complicating the labor marketplace for Chinese language youth, together with 12.22 million new college graduates this yr (a rise of 430,000 over 2024), an ongoing commerce battle with the U.S., and disruptions from AI. Right here is an excerpt from a abstract of the report:

As well as, China is scuffling with deflationary pressures which have reshaped the consumption habits of individuals aged 20 to 39, the nation’s highest-spending demographic, which is an extra drag on job creation. Amid rising unemployment and the decline of conventional manufacturing jobs, many faculty graduates have resorted to supply work.

“Greater than 20% of the drivers for the 2 largest platforms, Ele.me and Meituan, have faculty levels; as of 2022, a minimum of 70,000 drivers held grasp’s levels,” notes Bram. “That so many extremely educated younger individuals discover themselves working menial jobs is indicative of the broader labor market.” Bram additionally discusses the psychological influence of unemployment on younger Chinese language, together with the rise of “revenge towards society assaults,” random outbreaks of violence which have occurred with growing frequency.

“By 2023, the bulk [of Chinese citizens] noticed inequality as a structural failing, associated to unequal alternatives, corruption, and a failing financial system. That is vital, as CCP rule is bolstered by efficiency legitimacy,” argues Bram. “As development wanes and the system is not seen as equal or in a position to present, the CCP will want new types of legitimacy.” [Source]

Despair over the tough labor market has discovered expression in a viral hashtag phrase, “magnificence within the time of financial upswings,” which generated billions of views throughout Chinese language social media. The phrase, usually paired with pop cultural references from the early 2000s, evokes nostalgia for the bygone optimism and better profession and consumption alternatives of extra affluent a long time. Li Yuan at The New York Occasions wrote this week about this pattern and its relation to modern financial insecurity:

Utilizing the hashtag, Chinese language who began their careers twenty years in the past brag about after they acquired a number of job provides with beneficiant year-end bonuses. Youthful customers reply with oohs and aahs, remembering their childhoods, a time when China felt livelier, cozier and filled with chance.

The phrase expresses a eager for an period when China’s financial system was roaring forward and, for a lot of, optimism was nearly second nature. It doubles as a commentary on the nation’s temper at the moment. It particularly speaks to China’s youthful era, who’re grappling with an financial slowdown, report youth unemployment and tighter social controls.

“Maybe what we miss isn’t a ‘golden period,’ however the braveness to imagine the long run holds promise,” learn an editor’s word on an article headlined, “How Lovely Was the Increase? Again Then a Job Hop Meant a 30 P.c Elevate. Now Civil Service Exams Are the Solely Approach Up.”

[…] The place these years inspired risk-taking, at the moment’s setting leans towards warning. Civil-service jobs, as soon as thought-about staid, now dominate the conversations of younger individuals searching for havens in a shrinking job market. [Source]

Amid these challenges, younger individuals are looking for inventive workarounds to remain afloat. Round peak youth unemployment in 2023, Sixth Tone reported that some dad and mom “employed” their grownup youngsters as paid, “full-time children.” Sylvia Chang on the BBC reported final month about one other technique by younger individuals making an attempt to make the transition into the working world—by pretending to have jobs at mock-up workplace areas:

Shui Zhou, 30, had a meals enterprise enterprise that failed in 2024. In April of this yr, he began to pay 30 yuan ($4.20; £3.10) per day to enter a mock-up workplace run by a enterprise known as Fake To Work Firm, within the metropolis of Dongguan, 114 km (71 miles) north of Hong Kong.

[…] Such operations at the moment are showing in main cities throughout China, together with Shenzhen, Shanghai, Nanjing, Wuhan, Chengdu, and Kunming. Extra usually they seem like fully-functional workplaces, and are geared up with computer systems, web entry, assembly rooms, and tea rooms.

[…] “The phenomenon of pretending to work is now quite common,” [says Dr Christian Yao, a senior lecturer at Victoria University of Wellington’s School of Management in New Zealand]. “Resulting from financial transformation and the mismatch between schooling and the job market, younger individuals want these locations to consider their subsequent steps, or to do odd jobs as a transition.

[…] Dr Biao Xiang, director of the Max Planck Institute for Social Anthropology in Germany, says that China’s pretending to work pattern comes from a “sense of frustration and powerlessness” relating to an absence of job alternatives.

“Pretending to work is a shell that younger individuals discover for themselves, making a slight distance from mainstream society and giving themselves just a little house.”

The proprietor of the Fake To Work Firm within the metropolis of Dongguan is 30-year-old Feiyu (a pseudonym). “What I’m promoting isn’t a workstation, however the dignity of not being a ineffective particular person,” he says. [Source]



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