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8/08/2023

Topic Reading-Vol.4123-8/8/2023

Dear MEL Topic Readers,  
Young Chinese are getting paid to be ‘full-time children’ as jobs become harder to find
There seems to be a new job category in mainland China, called full-time children, or professional children. Instead of working for a company or doing business by themselves like gig workers, they stay home, do or help with housework, and may also care for the elderly. In return, they get paid by their parents for their domestic work. Such a lying flat attitude seems to have developed in China when the job market became too competitive for young people. In fact, the official unemployment rate for 15 to 24-year-olds in urban areas has been above 20% in the last few years. If you add the number of such full-time children or non-job seekers, the real jobless rate for youth could go over 45%. The question is how can parents can support their children without work financially? First, those children are the only child because of the one-child policy. Also, both of their parents usually work, generating double income, and they have enjoyed healthy economic growth in the last few decades. But as 10 million new college graduates join the job market each year, competition is becoming even fiercer for the young. And if the blank period in their resume becomes too long, those full-time children might not be able to find jobs unless they gain skills that are valued in the new job market or take blue-collar jobs that need more hands in the construction, manufacturing, and service industries.
Read the article and learn about China’s full-time children phenomena.
https://edition.cnn.com/2023/07/26/economy/china-youth-unemployment-intl-hnk/index.html

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