For the first time in decades, China’s labour market is under pressure on multiple fronts as the economy struggles to recover from the coronavirus pandemic.
The coronavirus has sent unemployment soaring in China, placing pressure on its state-run benefit system, which is seen as being ill-equipped to deal with the current crisis.
Chinese leadership prioritises keeping unemployment numbers down as soaring jobless rate threatens social stability.
The economic disruption caused by the coronavirus pandemic is threatening to scuttle the dreams of almost nine million college students expected to graduate this summer.
Migrant workers and the residents of rural areas are bearing the brunt of the employment crisis in China caused by Covid-19.
Once immune from economic hardship, China’s internet-fuelled tech sector is starting to reduce costs and cut jobs as the impact of Covid-19 spreads beyond traditional industries.
