Shocking! China, Largest Producer of PhDs and Master’s, 1.1M Graduates Can’t Even Get Delivery Jobs

Given the bleak economic outlook and soaring unemployment rates in China, many young people are opting to pursue further studies in master's and doctoral programs, significantly increasing the number of graduates. According to a recent article by a mainland psychology professor, this year's number of master's and doctoral graduates reached 1.1 million, making China the largest producer of doctoral and master's degrees globally.
According to a report by Meituan, as of the first half of 2020, there were 60,000 master's graduates and 170,000 bachelor's graduates working as delivery drivers for Meituan.
However, positions for food delivery workers are now filled to capacity.
#chinaobserver
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[@animusadvertere3371]

What is the purpose of getting a PhD in a country where thinking for yourself can literally be a crime?

[@RoninX33]

Work on State projects

[@r.c.8268]

@@RoninX33 what is the point in a Phd if your parents arent officials in the party?

[@user-ww8dl1vi7w]

What's the point of universities when there is no job involving high education?

[@rockeazymatt]

Wow, great point!

[@D2theBomb]

So that everyone is *educated* the same And no threat to the state - also keeps them in the economy! 👍🙏💕🏴󠁧󠁢󠁳󠁣󠁴󠁿 xx

[@Hylin79]

When everyone goes to college, the college degree becomes the new high school diploma.

[@mr.guzwee7695]

Tell them. They don't know

[@ForestForest-wo9py]

True, only go if you want to be a doctor

[@andyng5321]

But it is still better than the real high school diploma isn't it?

[@andrewsnyder9262]

@@andyng5321not really. If you are smart enough, you can find a way to offer value to society with or without one . I think it’s better for self confidence and feeling accomplished.

[@andyng5321]

@@andrewsnyder9262 yes but if you don't have the degree a lot of jobs won't even let you in even if you have the skills or are smart

[@FellTreeZ]

The reality is there are too many people in higher education that shouldn't be there

[@jamegumb7298]

Chinese also are notorious for bribery. Including universities. And if you have connections to get in you certainly have the cash to bribe. Look up some interviews with company owners, CAD/CAM people that cannot use a single software package, engineers that can barely do basic load structure calculations but nothing else, actuaries that cannot do a basic MOND model, the list goes on. No way they graduated fairly.

[@Mrbfgray]

We have similar scam going on in America, colleges with government back loans pretending it's fine to start life $200k in debt while selling students on curriculums already over supplied, no decent paying jobs available. Requiring universities responsible to back bad loans would go a long way to correcting situation.

[@HKim0072]

@@Mrbfgray Obviously, you've never taken out student loans and don't know the Stafford loan limits.

[@Mrbfgray]

@@HKim0072 I earned and paid as I went, took longer but got a real challenging engineering degree debt free, not gender studies. What's your point?

[@HKim0072]

@@Mrbfgray Boomer! Go wallow in your hate for other people. Bro, your life ain't the same as other people. Have a bit of empathy and realize people have different upbringings. You are really an engineer and are data ignorant? - _43.2 million borrowers have federal student loan debt. The average federal student loan debt balance is $37,088, while the total average balance (including private loan debt) may be as high as $39,981._ - _Yes, college is still worth it: The wage gap between recent college and high school grads has been widening for decades, and grew even more last year, per new data from the Federal Reserve Bank of New York._

[@napalmenthusiast4423]

Imagine being a PHD graduate and being a food delivery driver 😂😂😂, that's when you know the economy is fucked

[@motorcyclesdream6921]

So many PHD for what? this life dont need so many PHD

[@zeorhymer6]

What does a phd do? Nothing. It just means you wasted time and money for a piece of paper

[@beastgaming7879]

​@@zeorhymer6only a pathetic person who has no scientific temper and background can say this.

[@realkyunu]

China just didn't get the memo that a PhD becomes worthless if everyone has it.

[@QAQWWW]

我还要不要读研究生，再花三年。。。

[@abc2390986]

Imaging having 3 millions PhD in a country and still can’t make stuff beyond tofu dreg quality.

[@tgreaux5027]

thats more greed and corruption than not having the technical ability to make strong structures. They cut corners everywhere bc there's literally no regulations and even if there is one its not enforced. It doesn't matter what country you live in, wealthy business owners are going to cheat and lie and cut corners as much as they possibly can to the point of getting in trouble, in China there's no trouble to worry about so the worst in human nature comes out. What does a Chinese billionaire care if some poor people die in a building complex that netted him massive profits?

[@EmilyElizabethxox]

Noooo shit, I was thinking that too. I mean you know a good portion of these must be engineering students that know the cause and effect of using poor quality materials. Economists who can do cost benefit analysis of these state run mega projects. The issue is that most Chinese people have no say in anything. They are expected to show blind obedience.

[@a2zfactz678]

At least better than india

[@user-vk7ll7zg5g]

what do they expect when 70-80% of the people have a university degree?? now they have realised they been conned since childhood, all this 'study hard and you will have a good job' is all but a sham!!

[@hihellokitty85]

Restaurant store slogan: "Our delivery drivers are really smart!" "Our food quality? Why should it matter?"

[@gman8042]

Fake food colored and seasoned with toxins and carcinogens while cooked in spit/gutter oil, yum!

[@sleepinglaffey3886]

#sloprosperity

[@reedre6177]

It’s probably because they work harder than those college students is my thinking.

[@tgreaux5027]

spicy tummy

[@senaska4328]

Most countries produce too many PhDs and Masters. If you're not a genius with desire to pursue research, it is a complete waste of time... also, imagine being so smart that you do a PhD but not smart enough to realise it doesn't help in the job market.

[@mr.guzwee7695]

Thank you

[@yanyingya]

School isn’t about your actual intelligence it’s how much discipline you have under high stress, making them a perfect fit for the rat race

[@tabithan2978]

China over supplies everything; humans, EVs, solar panels, apartments, PhDs. This is what happens when you don’t let the market determine things with supply and demand.

[@Gaming_Antics]

China killed China with purposely made poor quality products. Foolish greed destroys the future of companies.

[@reedre6177]

Flooding the market

[@xiangzihua]

But Chinese are cute and not brown 😂

[@reedre6177]

@@xiangzihua the women are cute the men look weak and docile yuck

[@junkscience6397]

@@xiangzihua Not really. On both accounts!

[@dilligafmofoker]

The irony of studying copywriting in a country who’s entire business model is stealing and then copying the intellectual property of the world is hilarious.

[@SoloDolo01]

yeah because the usa has such a great education system

[@Maxx-mw2zt]

True, and the US kills, steals and destroys so both are one and the same. 😂

[@nurgleschosen8145]

​@@SoloDolo01Next to this? 😂 Yeah it's levels higher. It's still shit so as far as things go we are, globally, fucked.

[@bcon1308]

@@SoloDolo01while that may be true, Americans and Europeans invented and innovated the vast majority of basically everything used in societies around the world to this day. Same goes with technology.

[@kaidanalenko5222]

​@@bcon1308how about chyqwna what they've invented???

[@lorla151]

At my company, we had several Chinese workers in entry-level roles but they held masters and doctorate degrees. Their universities are not recognized in the US.

[@Joshuatree7746]

Its call popcorn machine degrees. Ask them how many quarters did they use to get the right degree.

[@rogueinvestor2375]

What about their skills? Degrees mean very little these days. Skill and experience are the money makers.

[@redgrant4897]

Then, how did they get the jobs in the first place?

[@domdrty]

​@Joshuatree7746 we have them here unthe U.S. too. I've seen people getting quack degrees from these online universities. Most of them work for the U.S. government or in the military. As those organizations don't care where the degree is from.

[@surfside75]

Not recognized for good reason. Fraud.

[@ThemePro24]

I remember this happened after the Soviet Union collapsed - many professionals ended up driving a taxi or doing odd jobs.

[@Peter.Pan.Was.A.Pediphile]

They still are...

[@jamegumb7298]

​@@Peter.Pan.Was.A.PediphileSame in Serbia. Smaller town had an economist come over to fix some wood for the roof, my friend that owned that house was an actuary that cooked pizzas in the local pizza place. The degrees have no opportunity for employment at level. A thing in many countries. Taiwan also has a load of masters degrees, PhD, etc but not nearly enough work at that level.

[@xiangzihua]

​@@Peter.Pan.Was.A.Pediphile Putin was also a taxi driver after the SU fell

[@user-hc1kq7gi6q]

Только в России фундаментальная наука жива и развивается, например с 2000 года 8 граждан России получили Нобелевские премии, 4 медали Филдса, математик Громов в 2009 году получил Абелевскую премию и так далее. За последние 20 лет русские ученые совершили важный открытия в области изучения материи, археологии, антропологии, генетики, астрофизике, высшей математике и так далее. Кстати , в 2006 году китайские математики хотели обманом присвоить достижения российского математика Перельмана (он доказал задачу Пуанкаре).

[@CB_AlwaysLate]

Or come to the US and drive crummy white Volvo semis.

[@mguendumiguel9523]

A FILIPINA DOMESTIC HELPER MAKE MORE MONEY THAN A PHD CHINESE GRADUATE

[@bacardimgtow4505]

lol. good for them

[@JunHooKim-bn4yc]

Then why lot of pinoys eat pag pag.!!

[@simplyrogue]

who cares

[@totoys1573]

@@JunHooKim-bn4ycat least not starved😂 it is as good as a Thai eating grass😂😅

[@JustiisLeague]

@@JunHooKim-bn4ycYou’re being racist. Stop eating cats, stop making fake food, & stop stealing other country’s islands.

[@blue-phoenix115]

Chinese Government to graduates: *Go be farmer*

[@mah7961]

Or cannon fodder for the PLA.

[@abc2390986]

They are not even good at farming. China’s food source relies heavily on Thailand, Japan, and Vietnam. Without foreign assist China would be in instant famine. It is irritating that a country that owned most ricefield of the planet still can’t feed their own properly.

[@mike-oxlong]

@@mah7961 We pay good Yuan!

[@reedre6177]

Hahah

[@lance8080]

China needs more farmers with PHD’S 🇨🇳

[@MenOfMeansUK]

If you got your PHD in China it's probably only worth a food delivery position.

[@idanceforpennies281]

I don't grade most Chinese PhDs as particularly useful anyway. I went to a Chinese shipyard that boasted they had 200 PhDs on staff. They were mostly useless. No innovation at all and extremely naive as to latest technology/trends.

[@xipingcao]

Why did you go to a Chinese shipyard? You shoud go to a American shipyard. There the doctors are very useful

[@lingfengge6666]

They probably don't have so many PhDs. I've never heard of a company that hires so many PhDs.

[@cramsa]

PhDs in Europe sometimes working as bar tenders

[@xiangzihua]

lol why even get PhDs? 😂

[@idanceforpennies281]

@@lingfengge6666 They did. I just think it's much easier to get a PhD in China. Unless you have been there, it's hard to understand the scale of some of these SOEs, this corporation had 30,000 employees. They build everything from fishing trawlers to nuclear submarines.

[@didi-bc1xs]

I used to work for a Chinese company. My boss was a woman that graduated menagement in China,and hee studies were in English. Not only we couldnt understand her, because she sounded like she speaking Chinese. But she coudlnt help us that much with a job. Now I am wondering do they actually learn something in China? Or those univeristies exist only because parents want to see their children with a degree, no matter what.

[@LivingLyfelikeaMuffin]

I'm pretty sure her english skills was probably better than yours.

[@didi-bc1xs]

@@LivingLyfelikeaMuffin my English is not the best, but at least I wasn't on her position.

[@abdiellawrence397]

This is why getting a Ph.D is useless. Experience is what matters, not a piece of paper.

[@Crazy4AI]

Ph.D is for research primarily, so yes, it serves a purpose.

[@bigcountryranch]

why waste your life study for PHD?

[@mjklein]

The purpose of your university education was to please your parents. Welcome to filial piety.

[@noahknight4039]

Copywriting degree? Yeah I see the problem, I would like to see a list of most of the degrees people got. Sounds like the same issue we have here where a ton of people go to college and get degrees in Social Services, theater, pottery and stuff.

[@EmilyElizabethxox]

I mean I would say social services is pretty necessary considering they work for CPS and stuff. But yeah the rest of those are completely useless.

[@auggieeast]

A bribe to get a delivery job? That's insane.

[@seraph3761]

Unlike America that’s free2play, China is very much a pay2play country.

[@kennyboyz1]

They moved from blue collar to white collar too fast. The west moved slowly into it and had the infrastructure to support it. This is one of those growing pains that they did not expect.

[@IkeSpeaksUp]

Bingo. Also this is the reason many African countries are struggling, there is no heavy focus on blue-collar professions. There are hardly any formal apprenticeship programs or standardization of work. You need a solid blue collar base to build the country's infrastructure before you start building data centers lol.

[@26max]

That’s because of the west investing in China during the 70’s-90’s! That cause over development.

[@26max]

@@IkeSpeaksUp Not really! A lot of those African countries are still being held under by the west through currency control.

[@26max]

@@IkeSpeaksUp How does a continent grow its blue collar field when the west is controlling everything. They take the resources and left the country poor. That’s why blue collar is going to grow in Africa with all the new investment coming in from China, Russia and India.

[@phoenixrising4995]

America is falling apart though to. Look at its infrastructure, they have like almost 100 year old electric transformers in some areas still going. Seems like all countries are headed for a new dark age.

[@GeepeBrow]

When everyone have gold, it becomes worthless.

[@K-SuperVN]

Not just in China. Many college students in the US cannot find jobs in their fields after graduation.

[@ericneo2]

10:07 - Wow that is insanely disrespectful. Dude went out of his way to repair something that would have cost the company $20,000 and was given $200 for going above and beyond.

[@TalibanSymphonyOrchestra]

Welcome to having a job and weekly pay.

[@ericneo2]

@@TalibanSymphonyOrchestra And due to mismanagement the company no longer has a guy who can do $20,000 specialist circuit board repairs....Story as old as time.

[@mastergems5145]

His mistake was not charging them for it and getting it in writing.

[@nigellei8591]

Sounds fake to me.... Able to charge a $20,000 fee and no guarantees of success? No such thing China.

[@ZeroCtr1]

hong kong protest told the chinese what the ccp was going to do

[@jadyynstarlight9851]

One reason there are so many masters and PHDs is there are no jobs. Students continue in school to avoid finding a job to postpone the inevitable at a high cost to their parents.

[@jeremycoe7259]

Some of these PhDs thesis are fake or bought

[@patrickmcathey7081]

Even if half of them all are, it's still horrible

[@BLACKAAROW]

yeah I remember seeing a story about that, even though China produces more phDs than the US, a decent amount of the research papers produced from Chinese PhDs are of lower quality or have had inaccurate/fabricated data than US/European phDs

[@Direkin]

Yup, I saw a map of plagiarism, cheating, and retracted papers, and China's figures were astronomical.

[@mike-oxlong]

*most* of. "if you can cheat, cheat"

[@caithyagyu3066]

Their thesis and study about Xi Jinping thought on Socialism with Chinese characteristics is knock off version of Karl Marx😂

[@jeremiahlee6335]

It is not the quantity but the quality that counts.

[@roastnut]

If you can't do quality then get quantity....lol

[@wolfseek]

They come instead in the USA. And then they go back to become professors, but they're not smart. At all

[@reedre6177]

Some are I’m sure but I’m also sure some aren’t 😢

[@briantbmoth6472]

That apparently isn’t an option any longer.

[@cheriecheng3938]

You’re thinking in your own world and making up stories. The people can stay in the US or go back to China, but either way, they have to survive from fierce competition. There’s not a situation as you described that someone can easily come in the US, study and go back to become professors. If they can’t stay in the US, they’ll lose in the competition when going back. What you said is more about 1990s.

[@kissengerc9468]

They are way smarter than us in America and you know it.

[@MotherAotearoa]

Well I must say this is happening everywhere in the world!!

[@djtwister6997]

That’s what happen when everyone has a degree

[@DavidLimUX]

When the talent pool is more than available jobs this happens. People should evaluate if their degree will provide adequate ROI before they pursue these advanced degrees.

[@robertrider4526]

hard to know roi tens years down the road everything changes so fast now.

[@jaydenrussell7491]

@@robertrider4526especially with ai best to be a trick of all trades now

[@mikestewart4752]

Maybe these educated individuals should take up cartography. China can’t seem to draw maps.

[@LinKongDa]

PHD in Delivery! Excellent.

[@phoenixrising4995]

PHD - Pretty Horrendous Delivery person.

[@HKim0072]

Great, you studied books for an extra 2 years and have zero work experience. Congrats!

[@fialee8]

The guy fixing the circuit board got a bonus of 200 Yuan, and didn't like that so he quit. Umm... didn't they pay him a salary for two weeks while he was doing research on how to fix the board? That is his job to fix the board. So being so smart, he quit his hi-tech job to sell Chinese real estate... I wonder how that turned out for him? (Spoiler, prob not good since Chinese RE is essentially bankrupt)

[@jamegumb7298]

You would think they get paid but often enough you get paid 12 months after based on performance. And since they cut back or reneg on bonus after the fact you get the lowest of the lowest. Delivery he at least gets paid right away.

[@Toliman.]

Yes, there's a lot of inconsistency in the story. We don't know what he was paid, how long he was employed, if he had a salary, or he was an intern. He said nobody else can do it, not that they wouldn't, or shouldn't. My first thought is fraud. 120k repair is a massive red flag, and it's easily prone to being abused. Companies charge this much to force certain contracts and SLA's. Hiring an Electrical Engineer is cheaper than 120k, so there has to be a purpose to paying that much. Which is also an odd claim. This is a 120k yuan repair... So that's what someone is paid in the past/present. That's what gets invoiced out... if you catch the meaning. A graduate / intern is doing the work of someone who is invoiced 120k. The assumption was he was a recent graduate paid 200 yuan, $30 equivalent for equivalent commercial work. This is paying someone $20 to repair something that costs $20k to fix. Not to replace, just to bring someone out to fix it. Very few commercial products require a $20k repair cost. This is usually because it's made by a 3rd party, and you're paying to fly people out from another country, sic. These kinds of products are either custom-made, or cost millions, or are military researched products, i.e. repair is authorised by multiple levels of bureaucracy. Aerospace is coveted, but it's also protected and under the umbrella of Military Research. So work structure is "patriotic" i.e. paid government wages while working with 1-100 million yuan/dollar equipment. With lots of room for 'error' and missing technology / damaged parts lying around for salvage. So if your manager is a bit dodgy, or the employees are, you could be in a world of legal problems if your boss decides you're trouble, or wants you to take the blame for something going wrong. Which can be typical in the 'fealty' model of State Owned Enterprises, everything good goes up, everything bad comes down. Including responsibility. Now, 1/ Given the company is research/aerospace adjacent, and it's an 'ejection/propulsion" control board ... this is a custom built hardware module, likely with military specs or commercial value. It would have been sent out for repair to a 3rd party, as 'nobody else can repair it'. Or, is authorised to repair, i.e. no guarantee they can do it. If it's commercial, it's also likely foreign made, so the turnaround could be months or years. Aerospace is a fairly limited field, and lots of companies go bankrupt too. There's typically a lot of liability in fixing a 3rd party product... So everthing has to be confirmed, invoiced, authorised, signed off by dozens of people, especially that level of expenditure. but it is China, and that somehow ... translates into "getting an intern to do it" so they can be fired if it blows back or fails to work. Nope. If someone has paid 120k, they will pay 120k again. This is where the story gets shaky. 2/ It's rocket guidance equipment, so it's custom built boards likely without schematics/documents available (to avoid duplication/theft), which makes it tedious to document/repair and thus the repairs can be excessively priced by authorised repair centres. 3/he did this for his employer - with or without compensation, with or without orders, with or without salary. It's not mentioned. If his employer only paid 200 yuan, this is questionable. If he was ordered to do it, this is probable fraud. If he did it outside of work, he wasn't compensated, nor could have been compensated, so he did it for free. If his job is to fix equipment and he's the only one that understands the equipment, he won't ever get a payrise or remunerated for future work. That money will go to his boss, or the other staff who will be hired ahead of him, or compensated for his time and work. Because of seniority / fealty. 4/ If it is his job to repair equipment, he paid 200 yuan for 2-3 weeks work. Considering other graduates / rural immigrants and regular delivery drivers are paid 4 yuan to deliver a parcel as delivery drivers. 80% would be spent on fuel/charge to drive the 2-30 miles between locations. 5/ What makes you think they paid a salary if he was given US $30 equivalent for basically repairing work equipment. Interns at some Chinese companies work for 6-12 months without pay, just to see if they are prepared to suffer. Some places only bring in unpaid interns. Requiring them to buy lunch, coffee from outside, buy lunch for staff, clean shoes, basically demeaning or slave work conditions because they know how hard it is to get employment and a resume for some industries. Government/State Owned Enterprise positions are also treated like this, as it's a pecking order hierarchy.

[@tgreaux5027]

you clearly have no idea how things work in china my man

[@nigellei8591]

This probably happened over 10 years ago.

[@masterofallhesurveys]

Huge amount of garbage quality education. I've worked with many Masters level Chinese graduates. Very uninspired.

[@phoenixrising4995]

At least they aren't biting and smacking their teachers like US Children are now. Gen Alpha when they hit Uni will be giving more institutions the 4th of July treatment. So China wins there.

[@royalbalasuela819]

They should know that schooling is not for job purposes but only fir knowledge

[@pedroh3774]

GIVE ME YOUR POOR TIRED AND UNDERPAID PHD’S ‼️💵💵💵💵

[@xv9dl]

wanna make money? Become an electrician, plumber, HVAC Tech. Workers who actually do something, at least here in the USA

[@mah7961]

You would never want to do that type of work in China. Mainly because of their horrendous safety records. OSHA does not exist there.

[@t.dickinson7942]

Nope housing collapsed in China due to Xi CCP deciet and lies plus China has no regulations to teach those skills correctly

[@ladyeowyn42]

It is quite hard to get into the trades in the US. You need connections to get anyone to teach you.

[@mah7961]

@ladyownn42. Not really, the United States actually have trade schools all across the country. If you know where to look some of them are much more affordable and cheaper than traditional university.

[@reedre6177]

They don’t want to do that crap that’s the problem

[@Phobos11]

Somebody really needs to tell these people that diplomas don't give you any qualifications

[@LivingLyfelikeaMuffin]

Your major is just a starting point, it gives you the basic knowledge for your career choice. Iin the real world, nobody cares about your GPA or the school you went to. They just care if you can do the job or not.

[@stormtrooper2170]

Now its too many people..before its too less people..Which is which...? Last time 1 child policy..now too many youngsters on the street with no job. Which is which...?👈😑😑😑

[@brianbest6097]

You’re correct but now the population has been going down because of inflation, recession, & cost of living + the bleak job market doesn’t help: the 1 child policy had devastating outcome since there’s more men than women which in turn made men have low marriage prospect; also; China had a large baby boomer population and some young people but I think the boomers outnumber the young population

[@weejim48]

To that young man that said that “ he feels like a failure “. Your situation is only temporary, you are obviously very clever and you will succeed eventually “. Unlike me who is 68 years old with no education and had a useless business partner that has run up serious debts and left me to pick up the pieces. You all have a good head start on us older people. Good luck 🙏🙏👍

[@zeorhymer6]

Tofu degrees? Say it ain’t so.

[@lingfengge6666]

The lack of high-end corporates that hire PhDs is a big problem in China. Hope this will improve year by year.

[@user-qu3yd1sl22]

This is what happened in 90s in Japan. A lot of young people were not able to get a job after economic bubble burst and ended up to be single and one of the cause of low birth rate. China is exactly following the path Japan experienced in the past.

[@cheriecheng3938]

Japan had to go through that primarily due to U.S. Don’t pretend you don’t know that.

[@user-hc8ki1rl4t]

After the establishment of the dystopian totalitarian nightmare of the Qin Dynasty 2,200 years ago, passing exams has been the obsession of the Chinese. This exclusive obsession caused China to stultify. The same is true today.

[@edwinwebber5776]

Shocking! Guess they just should have cut to the chase and become delivery drivers from the get go.

[@user-jg9xg2fy5m]

As an architect with a Masters degree I already had to experienced this back in 2004 in europe. Working for free doing silly hours was and still is normal. Not getting any better...

[@mylifeisinhishandsamen4167]

I am sorry to ask, where are you from? Are you an immigrant in Europe?

[@ronwalker3726]

Mass production of anything= the market will ultimately decide the worth- like sand in the desert or salt water in the ocean.

[@rogueinvestor2375]

I've watched a few videos from this channel and the focus is on white collar jobs. There's no mention of skilled trade. Would be interesting to go deeper into that side of the job market.

[@Toliman.]

There's no problem if nobody is looking for problems. TBF, skilled industry professionals aren't making TikTok/diary type videos that get deleted off the platform within hours. Nobody cares about good news. They are wired for drama. Those videos stay up because it's positive. As there's a social or polite tendency to hide problems or cover up faults in a wider industry, i.e. "A few bad apples". The downside of ignoring/deleting problems is that you get blindsided because there's no positive or negative news, so you don't notice any inconsistency. As long as Bread, Cereal, Milk keeps being made, car parts are $20 cheaper, etc. Those things tend to be reliable... as long as there's demand. The trap with an economic system is that there's complexity, but it just requires movement, fluidity. Money has to flow and cycle, or other forces come into play, i.e. emotions, but also poverty, crime, warfare, illness, etc. People make vastly different decisions when they have more knowledge. Which is the danger of hiding such information from others. While the "big picture" is important, the anecdotal is also important. You can hear bad news about unemployment, but also stand in a City square at 7am, watch thousands of people turn up to work and not see a problem. The wider scope of an economy is that everything works together, because fluidity is hard to measure in a large system. What you look for, is where the pressure gathers or the system stops functioning. Because while the people who are trapped by bad decisions, i.e. making "The Marvels" Action Figures, problems in an economy are seen when things start to halt or stop, so you can understand why they stopped. Which is how you get into trouble assuming the industry is healthy or a building is well constructed. The downside of this is, 1-2 people dying can represent 10 million people. Ten shops in a shopping centre closing down out of 100+ shopping centres who have no news at all.

[@nigellei8591]

Many PhDs don't want to work as laborers in construction or farming.

[@emzywillrich7243]

I applied for 2,154 jobs before I got one! 1,000 is not enough. I have a doctorate degree too! "No," just means "Not Now."

[@t.dickinson7942]

China must subsidize their education

[@user-cz1nh1hv9v]

There are plentyjof jobs in 1. Farming 2. Constructions 3. Service industry 4. Manufacturing and factory 5. Teachers and teaching 6. Army and police 7. Firemen 8. Govt jobs in small cities However, they dont want to do it. Because they have degree and diploma

[@phoenixrising4995]

Farming and Construction - Struggling due to high interest rates and small developers will get wiped out over the next 18 months. Service Industry - McDonalds, Burger King, Door Dash, Uber, etc... All scaling back due to interest rates and strained consumers. Manufacturing - HAHAHAHAHA '08 was its last breathe in America until it was offshored for slave labor. Army and Police - the left says "F*** the police" and the right says the army is woke trash. Teachers - the left wants them to be paid more and the right says they are paid too much and hate your guts. Plus, teachers be like F*** this, I'll go teach English in an Asian country, its better than getting punched/kicked by students. Fireman - seems like the cool service worker, but the volunteer teams don't really get paid to well for the danger involved. Decent I will say though. The best option is the Govt. job in a small city, at least you have a chance for your paycheck to at least be pegged to inflation, since most union Public sector jobs work like this.

[@wheezysqueezebox7651]

Just earned my B.A., can't find a job... I know, I'll go back, to the university, and get a Master's Degree!

[@deasvail99]

That's what our professor told us to do during the Great Recession.

[@Joel-wx7zk]

@@deasvail99Cause they benefit and can ask for a raise the more students enter the programs, plus many of them exploit free labor of graduates for their own research labs and as TA

[@therealgrimreaper68]

what do you want as a career? B A doesn't have many options as is

[@daveevad3524]

For those uninitiated, phd means Panda Hyper-express Deliveryman

[@ilyap7012]

Engineers and PHDs create products. Investors create jobs. Here in US there are millions of investors, like Elon Musk, we wouldn’t have all these jobs without them. This is a risky and creative job, only people who play with own money seem to get it right. This can’t be done by a government official and many levels of approvals and accountability, nothing will move.

[@Peter.Pan.Was.A.Pediphile]

just imagine what a communist education looks like.... lol

[@Cozydrone]

Hey future doctor!! I want fries with that!😁🤠👍😜🇺🇸👋🤔

[@robertrider4526]

No Joke, can you say despair.

[@SVmathfarmer]

You want catsup with that? 你要不要番茄酱？

[@willharriman1881]

It's like trying to build a vast building with all the workers thinking they all can have a cushy desk job! Somebody has to be doing REAL WORK!

[@soniapinkney1342]

Seems like all the young ppl are highly educated .. so it’s not there is a lack of education , but the Lack of jobs …

[@DarkstarDarth]

Elon says ' you don't need a degree to make money ' and Bill Gates agrees 😃

[@SVmathfarmer]

Dem Chinese PhDs are screwed 😅

[@kCliffekclassikss]

This is what is awaiting for almost for every country around the world.

[@autopartiscesantyhanne1949]

I made 50 times more Tham a graduated in China, by driving Uber here in USA

[@htee7426]

I teach English online. Many of my students are Chinese. Theoretically they are often very well educated but have studied majors that it would be tricky to turn into a career in the good times but even more have taken majors in subjects that are probably doomed to be taken over by AI such as translators. Careers such as medicine don’t seem to be popular as, it is not seen as prestigious and they work long hours for low pay. Many of my students haven’t a clue what’s going on, refuse to consider a job “below their status”, and are living off their parents.

[@shaman2762]

ask eny of those college,high school students, phd holders-ask them-WHAT THEY CAN DO???

[@loucadoida3327]

I think people shouldn’t just graduate for the sake of graduating,they should check if there are job opportunities in those fields before wasting so many years ,by the way learn English maybe you can find job opportunities outside China

[@secretsecret3528]

So what I got was students/people with PHDs aren't able to get Jobs that match their qualifications and will likely head to military for jobs in order to survive but their low wages, high stress & high likely hood of death will likely have them turn on their government ??

[@chasesonic292]

1:25 that's the problem right there "never worked on the field"... Employers want you to have work experience 💀

[@hungo7720]

It's pretty obvious that the job market in a country like china is extremely selective and competitive. Having a few degrees does not necessarily guarantee a job, sometimes it's experience that counts. To make matters worse, economic woes triggered massive layoffs and companies' revamp which ultimately curbs the chance of getting hired for graduates.

[@lamentate07]

Switching to real estate? Bad move in China at the moment. Many are leaving that industry due to the increasing difficulty of selling houses.

[@ronirayhufana881]

Not only in china even on other country has this kind of problem.

[@khooahok4589]

Everywhere in the world graduates jobless and looking for jobs 😂😢😅

[@jamespoteat9361]

China needs diversity

[@alanjenkins1508]

Diversity of ideas certainly.

[@freedoomflame4512]

Xi jinping should make operation for change his gender to female ?🤔

[@chuifongtam4703]

Cant take you seriously. You probably cant even speak a single word of chinese correctly, meanwhile many chinese people can speak fluent English

[@cenationofjnu]

It's true about India too. M.a, MPhil phd holders have no jobs.. Most of them are forced to do small paying jobs. Their education has become worthless. Whatever jobs are left, are either intentionally left vacant by the employers or on the contract basis that is only for 4 months.. After that, candidates have to restart their struggle once again.

[@mr.guzwee7695]

A lot of people who believe in advanced education to make wealth for them are poor people

[@cenationofjnu]

@@mr.guzwee7695 you are wrong in your observation.

[@mr.guzwee7695]

@@cenationofjnu lemme edit that

[@1powerequalsgod]

It is making more sense that an estimated 96 million Chinese wants visas and passports to the US. Where they would also try to cross the borders of many countries to get here because life is far better and easier living then the highly competitive and disadvantaged employment and business atmosphere per se in China. Scary though the number of Chinese desperate and maybe corrupted that they could do things that are highly considered bad and immoral behavior but would do so to end the nightmares and depression they face in China.

[@aphiwemagaya3279]

Education alone is not a solution!

[@yesufeshetie2098]

this is the problem in many countries the education system need to adjust so as to make the youngsters well adapted to the job market and creative.

[@El-Ge]

If a country more respect the learned and is overloaded with Masters and PhDs, then who will do a manual labors in factories, farms, etc, who also so much deserved a respect. Wee need more vocational Bachelors who are ready for manual labors rather than Masters and PhDs.

[@rogerbartlet5720]

3:35 I wonder why this wasn't made clear before these students signed up for these advanced degree programs

[@aaroncruz9181]

There's only one place they might get employment to use their skills *Points to the PLA* Unsafe, but so is their future.

[@prodi16]

that's the thing, this PHD were the ones fighting to get into the "favored" population but when crisis arise only those who are really at the top harbor everything that's left for them, just as in my country I have a lot of studies but there are little opportunities, its pretty depressing and makes you think about your choices, shall I move into another country were my degrees are needed but my family values are seen as bad? shall I become one of the hated "external labor" who will fill in for the uneducated locals? its too much to thing specially when you already have a family and try to settle in.

[@HansZarkovPhD]

So are the phd's delivering food to?

[@bimaabdulazis4890]

Whats the point of getting a PhD if the jobs availbale is for delivery services?

[@flwrs505]

I mean these dudes literally pursued garbage degrees. It's the same even in the states. Like what did you think was going to happen?

[@kirrimann1]

It’s the same or worse in America

[@leeoswald9799]

Yes, and for $100 you too can get a PhD in China.

[@robertrider4526]

asians are crushing it at our best universities in the states, I don't think there phd programs are easy in china.

[@phoenixrising4995]

@@robertrider4526 American education is fast food though. Same slop no matter where you go, might as well get it on the cheap as much as you can. It will be harder once they raise the minimum wage though.

[@briantbmoth6472]

Copywriting? No degree is needed for that.

[@wychan7574]

Insulting and sarcastic, hardwork and knowledge worth nothing in China.

[@thomasfish-qk8kb]

Sadly, graduates of highend college degress face the same in America. No high paying jobs. Either do stock market or Crypto outside of China. Do gold or silver junior penny stocks. I feel for the younger 34 - 45 generation. Technology is replacing too many people. Ugh...

[@densem7447]

Could go to the Russian front in Ukraine , the demand never stops

[@TonyZmex]

And in the USA is worst, the country with most gender studies PhDs graduates and they can’t find a job.

[@SVmathfarmer]

I have a PhD in LBGQT BIPOC studies and I endorse this message. It’s been rough out there competing for customer service greeter positions at Walmart

[@JohnVKaravitis]

3:12 Incorrect. PhDs drive research regardless of their employer. Universities and private industry collaborate constantly.

[@trunks0112000]

What a waste of human talent just rotting away in China all that hard work for nothing. Good luck folks best wishes

[@rv-jn7wn]

What do they do over there??? The only degree worth anything is the 3rd degree.

[@jeddvillaspin3379]

Their phds and masters students were just paying huge money to bypass requirements and make things easy. I noticed that on my local university in the philippines. My prof goes easy on chinese students and makes things too difficult to ordinary students like me.

[@SVmathfarmer]

The need to make a PhD in food delivery ❤❤❤. That way there will be no shock when they enter the workforce

[@codeintherough]

The problem is that education is seen as the only way to make good money. Where are the jobs that don't need education that pay well? Do they even exist?

[@MinhLe-ef6cs]

PHD's/masters needs to be educated what PHD purpose is?? Research, expanding current known knowledge or creating new knowledge and not for delivering food. Master and PHD inflation....

[@stellacheng6023]

What was the degree in? Philosophy?