China’s young jobseekers struggle despite economic recovery

  • Date: 02-Aug-2020
  • Source: Arab News
  • Sector:Economy
  • Country:UAE
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China’s young jobseekers struggle despite economic recovery

China's young jobseekers struggle despite economic recovery

China's young jobseekers struggle despite economic recovery

China's young jobseekers struggle despite economic recovery

This photo taken on July 25, 2020 shows a job seeker (R) speaking with a recruiter of a company during a career fair in Zhengzhou, China's Henan province. China's economy may have rebounded sharply after a historic contraction from the coronavirus outbreak, but jobseekers face a less rosy situation -- with businesses still reeling and household savings on the rise. (AFP)

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China's young jobseekers struggle despite economic recovery

The world's second-largest economy may have rebounded sharply from a historic virus-induced contraction

Updated 02 August 2020

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ZHENGZHOU: Biology student Ma Jingjing wandered the hall of a job fair in central China among other young Chinese hoping to find work in an economy crushed by the coronavirus pandemic.

Ma, 26, is one of almost nine million people graduating and entering the job market this year at a time of great uncertainty, an issue that has the ruling Communist Party worried to the point that President Xi Jinping has made it a priority.

The world's second-largest economy may have rebounded sharply from a historic virus-induced contraction, but its young graduate jobless rate in June was more than three times