The Economist reported on September 17 that the number of Chinese college graduates reached a record 12.7 million, with youth unemployment approaching 20%, and that more and more young people are coping with the employment winter by lying flat, becoming full-time children, or paying to join "pretend-to-work" companies.
Chronicle entry
China's college graduates hit record 12.7 million this year, summer youth unemployment nears 20%
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More Chinese youth pay to join "pretend-to-work" companies to maintain a sense of workplace participation
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