Chinas Last Generation: 85% Not Marrying, 60% Not Procreating

[galii]

[MarcosZeitola]

CCP just did a "how to ruin your country" speedrun. Now they even stopped releasing unemployment data for youth altogether after it reached 21% and still rising every month. China is royally f***ed lol. Couldn't have happened to a more deserving country.

Foreign investment in China down from 80 billion a year ago to just 20 billion this year. Few people seem aware of just how bad things are going to be in the months ahead. Brace yourselves.

[Yohan]

https://asia.nikkei.com/Spotlight/Caixi ... y-hit-46.5

Did China's youth jobless rate really hit 46.5%?
Staggeringly high figure goes beyond conventional international definitions

As if the record-breaking 21.3% unemployment rate for urban youth in June's official survey wasn't disturbing enough, a scholar digging into the data provided a more shocking stat: Fully 46.5% of China's 16- to 24-year-olds were neither employed nor in school in March.

Has China's urban unemployment rate for those ages 16 to 24 climbed to nearly 50%? The short answer is no -- at least not in the way most of the world recognizes this gauge.

According to the Organisation for Economic Co-operation and Development (OECD), a country's youth unemployment rate is the ratio of unemployed 15- to 24-year-olds to the overall youth labor force. To qualify as unemployed, one has to be without work but available for work and to have taken active steps to find work in the last four weeks.

China's official jobless rate for urban youth, released monthly by the National Bureau of Statistics (NBS), uses a more or less similar formula, which is in line with the International Labour Organization's statistical standards. It is calculated by dividing the unemployed -- people who are jobless but have been actively seeking work in the past three months and can start work in two weeks should they get hired -- by the total of employed and unemployed people.

But Zhang Dandan, an associate professor of economics at the National School of Development of Peking University, takes into consideration a third group of youngsters: those who are "not in employment, education or training" (NEET) and also not actively looking for work. The addition of this group explains the outsize figure of 46.5%.

The NBS surveyed unemployment rate for urban dwellers ages 16 to 24 in March was 19.6%.

Only when an estimated 16 million NEET youth not otherwise counted as part of the labor force are added into the numerator and denominator, based on Zhang's calculation, does the rate jump to a staggering 46.5%.

In her op-ed piece on China's potentially underestimated youth unemployment rate published in Caixin last month, Zhang referred to the 16 million people as "full-time children," a buzzword on Chinese social media that is somewhat related to the popular concept of "lying flat."

Young people who lie flat voluntarily drop out of the career rat race and appear to be seeking a more carefree lifestyle. "Full-time children" also lie flat career-wise, but they may be taking up the role of a full-time homemaker, doing chores or taking care of the elderly in exchange for food, shelter and sometimes "salaries" from their parents. Discussions on Chinese social media show that some of them are happy with the status quo, while others are forced to take up the role because of ailing parents, while still others have been looking for jobs or applying for higher education.

Whether the 16 million lying-flat young people should be considered "unemployed" is a matter of debate, Zhang said in an interview with a Chinese media outlet after her data had been cited by multiple media. She wasn't trying to highlight the size of the group, but was rather hoping that they could receive more attention, she said.

[Yohan]

https://www.bbc.com/news/world-asia-china-66172192

Full text see link above

More than one in five of those between the ages of 16 and 24 are jobless in China, and the youth unemployment rate has been reaching new highs. According to official figures released on Monday, that figure now stands at 21.3% - the highest since authorities began publishing data in 2018. The figure does not account for the rural labour market.
...
University was once an elite pursuit in China. But between 2012 and 2022 enrolment rates rose from 30% to 59.6% as more and more young people came to see college degrees as a ticket to better opportunities in a competitive job market. But aspirations have given away to disappointment as the job market tanks. Experts say youth unemployment is likely to worsen as a record 11.6 million fresh gradates enter the market.

[Flat-Antelope7927]

Sadly, this is what happens when men refuse to man up and marry instead of playing videogames and watching hentai all day.

[Yohan]

Sadly, this is what happens when men refuse to man up and marry instead of playing videogames and watching hentai all day.

Did you ever check out how demanding and materialistic Chinese women are? Young Chinese men are not against marriage, but they cannot afford it.

Better address the Chinese women about this issue and not the Chinese men.
There is a huge gender imbalance in China...

[Mobo]

@Yohan

flat-antelope is a hoe, woman like to use the "man-up" keyword.
It is pointless to argue with them.

[Flat-Antelope7927]

Sadly, this is what happens when men refuse to man up and marry instead of playing videogames and watching hentai all day.

Did you ever check out how demanding and materialistic Chinese women are? Young Chinese men are not against marriage, but they cannot afford it.

Better address the Chinese women about this issue and not the Chinese men.
There is a huge gender imbalance in China...

More Chinese men need to spend their time studying and going to university instead of wasting hours on MMORPG games then so they can have a good career to support marriage and a family and then money won't be an issue. Not to mention most Asian men simply aren't masculine enough to satisfy women, even Asian women.

[Yohan]

More Chinese men need to spend their time studying and going to university instead of wasting hours on MMORPG games then so they can have a good career to support marriage and a family and then money won't be an issue. Not to mention most Asian men simply aren't masculine enough to satisfy women, even Asian women.

In China more than 20 % of all young people are jobless.
And there are by far more men than women due to gender imbalance because of a stupid family policy by the Chinese government.

These young men have no career, impossible to support marriage, regardless their educational background. Just day by day jobs are available, expect an income for such young people to be barely enough for themselves to survive.

[Natural_Born_Cynic]

More Chinese men need to spend their time studying and going to university instead of wasting hours on MMORPG games then so they can have a good career to support marriage and a family and then money won't be an issue. Not to mention most Asian men simply aren't masculine enough to satisfy women, even Asian women.

In China more than 20 % of all young people are jobless.
And there are by far more men than women due to gender imbalance because of a stupid family policy by the Chinese government.

These young men have no career, impossible to support marriage, regardless their educational background. Just day by day jobs are available, expect an income for such young people to be barely enough for themselves to survive.

At least the Chinese has enough manpower(20% of young unemployed males) to invade Taiwan in a D-day style invasion, if you know what I mean.

[publicduende]

Sadly, this is what happens when men refuse to man up and marry instead of playing videogames and watching hentai all day.

Did you ever check out how demanding and materialistic Chinese women are? Young Chinese men are not against marriage, but they cannot afford it.

Better address the Chinese women about this issue and not the Chinese men.
There is a huge gender imbalance in China...

I think they cannot be blamed for being pragmatic. Maybe a Japanese girl would still have some romantic views. These Chinese girls mean business. Great personality, great job, plenty of spare time for me or...next please...lest they complain how hard it is to find that "next".