China making youth employment a top priority

Transcript

00:00At a recent job fair in central Shanghai, recruiters experienced low attendance amid

00:05rain and disinterest, highlighting China's persistently high youth unemployment rate,

00:10which stood at 14.2% in May. The graduation of 11.8 million university students further

00:18strains the job market. Job fairs are struggling to attract young job seekers, many of whom have

00:24high expectations. Policymakers may implement short-term solutions like wage subsidies and

00:30work placements, but long-term reforms in industrial and education policy are needed.