Decoding the Riddle of Youth Unemployment in China: Unveiling Culprits and Paving the Way for Progress
DOI:
https://doi.org/10.54097/t51jvx55Keywords:
China’s youth unemployment, Economic downturn, Industrial transformation, Young entrepreneurs, Government interventions.Abstract
The continuous increase in China's youth unemployment rate reflects the challenges of the current job market and the severity of youth employment issues, and is also a typical manifestation of the decline in China's economic growth rate. This paper aims to identify the major catalysts of China's escalating youth unemployment over the past three years and provide practical solutions accordingly. The hypothesis before investigation is that there might be three leading factors contributing to the employment crisis: the economic downturn, shifts in the industrial landscape, and obstacles encountered by young entrepreneurs. Online questionnaires were distributed and collected 100 responses, with most participants favoring the same factors as hypothesized. The results validate the urgency for targeted interventions, emphasizing the pivotal role of government action in fostering job creation, supporting vulnerable demographics, and promoting innovation. Overall, this research offers a reference to address youth unemployment, aiming to provide resilience and prosperity for China's future.
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