Youth Unemployment Rate 5 Times Higher Than Middle-aged and Older Adults, Experts Concerned About Falling into 'One High, Two Low, Three Not' Phenomenon

Reported 12 months ago

According to CTWANT Weekly and China Times, as of June 29, 2024, the youth unemployment rate is as high as 11.33%, which is 5 times higher than that of middle-aged and older adults. Experts are concerned that the current generation of young adults may face challenges in their career development, leading to a phenomenon of having high education levels but low job satisfaction and financial stability, potentially resulting in difficulties with homeownership, marriage, and starting a family – a cycle referred to as 'youth poverty.'

Source: YAHOO

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