Not Just Young People Struggling to Find Jobs, Middle-aged Faces the 35-Year-old Barrier!

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China Insights

China Insights

Ай бұрын

#chinainsights
Amidst the rapid economic downturn in China, while everyone focuses on the persistently high youth unemployment rate, middle-aged individuals are also increasingly facing unemployment. These middle-aged individuals, born between 1979 and 1989, are now aged between 35 and 45. They typically support their aging parents and young children and often have car loans, mortgages, and tuition fees. Many families have two working adults supporting four elderly parents and one child. If the wife does not work, one person supports six others...
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Пікірлер: 342
@chinainsights4458
@chinainsights4458
Dear friends!
@bankaiiibankaaa4573
@bankaiiibankaaa4573
That's why having family and children nowadays is crazy.
@joeswanson733
@joeswanson733
imagine being finished at age 35.
@noniboo1521
@noniboo1521
In America and the rest of the world , 35 is still young. I can't imagine having been called old at 35. At 35 I had my 2nd baby!! Why go to college only to have 10 years to work before being forced out of a good job. The college graduates in China need to leave China in order to have a decent future.
@vulcanitu2578
@vulcanitu2578
So in China 35 is middle-age. Great culture indeed
@sekanstar3243
@sekanstar3243
Also the government "why nobody want to get married or have kid?"
@stischer47
@stischer47
I was director of a graduate CIS program and one of my students, a 60yo man, asked why he should continue getting his Master's. I told him that in 5 years he would be 65, with or without the degree, but the degree would give him more options. The following semester he asked if there was a way to finish his degree online - he had gotten an offer to be a project manager at twice his current salary plus moving expenses. The company said that besides having the current knowledge and skills they needed, his pursuing a Master's at his age showed he was open to learning new things. so, 35 is over the hill? Sheesh.
@JohnTube2K
@JohnTube2K 14 күн бұрын
Well the local Chinese wanted Japanese, American, and European companies out of their country….. they got what they wanted
@ontariofirs7347
@ontariofirs7347
Here in Canada and the US, especially in the big cities, being a single 35 year old is like being in your mid 20s.....
@christopherp.3307
@christopherp.3307
Owning a home creates peace of mind. That's all people really want is peace of mind.
@johnelst4232
@johnelst4232
I feel the most for the 37 year old lady 😢
@robl9141
@robl9141
Chinese retirement ages for these groups are 50-55. They are not really retiring, just a way for the CCP to cover up unemployment.
@patriciavandevelde5469
@patriciavandevelde5469
Overpopulation Overpopulation Overpopulation and AI! Scary,horrible times!
@LucasPereiradaSilva
@LucasPereiradaSilva 21 күн бұрын
That's because older people are more expensive for the companies. They'd rather hire those uber-qualified young people because, most of the time, they will earn less and would never be allowed to have a rise for being "too young" and lacking experience. This is normal pretty much everywhere in the third world.
@BobbyLoo-jr8ys
@BobbyLoo-jr8ys
35 yrs old is the new retirement age. Those that are single are lucky.
@alpark3024
@alpark3024
your friend stole your money. Never give your hard earned money to a so calld friend for investment. it is just a scam to get your money.
@munsterone9256
@munsterone9256 21 күн бұрын
I lost my job at 36 years old and I understand the ‘pretending to work’ for 9 months so as not to make my love ones worry! I am much much better now. Don’t give up!
@Santello22
@Santello22
At the company i work for they fired all the old people and rehired cheaper younger people. This shady stuff is also done in the west....
@noniboo1521
@noniboo1521
It's time to start young people to build their own retirement instead of relying on their adult children. Stop spending all your money on your children. Put money aside for your retirement. I learned at age 15 that's what I would need to do once I became a young adult on my own. To this day I thank my late mother for teaching me that lesson at such a young age. I'm now retired and have decent funds to live off of. No way would I ask my children for money. Young People of China need to start savings for retirement.
@naturediscovered
@naturediscovered
My heart really goes out to these people. Their situation is so difficult. I pray they will be able to persevere, survive, and thrive, no matter what. I pray they don’t succumb to destructive habits and behaviors, like drugs, drinking, gambling, cheating. I pray they have families and friends who can understand and help them, not make it harder. I pray they will be able to make the necessary sacrifices to make it through the dark path, where they will eventually see the light. This too shall pass.
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