China is experiencing record high levels of youth unemployment with 21.3% of people aged between 16 and 24 being jobless in June 2021. The situation is affecting millions of young graduates as they search for their first or second jobs. Factors contributing to this phenomenon include a slow economic rebound and a sluggish consumer demand making firms reluctant to recruit inexperienced candidates for higher-paying positions.
China's economic crisis: Many say Xi Jinping’s bid to reduce regional disparity and poverty by directly or indirectly damaging his political allies and business tycoons of Beijing has cost the country
Faced with dwindling opportunities, from rural hometowns to major cities, some migrant workers sleep in the streets as they roll the dice on where the sluggish economic recovery will create the most jobs.