China’s unemployment crisis shows no signs of easing as graduates face reality check due to coronavirus

One of a record high 8.7 million graduates who entered China’s job market this summer, the next stage of Rita Zhang’s life has started badly.The 23-year-old, who studied cultural industry management at a university in Beijing, was looking forward to joining an advertising start-up until the outbreak of coronavirus led to nationwide lockdown in late January.The job offer was withdrawn with her prospective employer battling high office rent and diminishing revenues, stranding Zhang in…

from South China Morning Post https://www.scmp.com/economy/china-economy/article/3093235/chinas-unemployment-crisis-shows-no-signs-easing-graduates