The prohibitions and restrictions which have been imposed in China under its zero-COVID policy have weakened the country’s economy to a great extent, and most of its effect is being faced by the youth. 18% of the youth aged between 16 and 24 years are unemployed. The youth of the rural regions do not have jobs for the last three months. For the first time, 26 lakh youths have applied for the civil services. As a matter of fact, many Chinese industries, providing employment to lakhs of youths have reached critical conditions.
Hefty penalties have been imposed on big internet companies, and property builders were suppressed in the name of fighting with debt. Amidst all this, young industrialists are leaving the country, and the tuition industry has been ended overnight. As a result, employment opportunities have been reduced, and therefore, many youths are migrating to other countries in search of good jobs.
Along with all this, the youth also do not want to work in Chinese factories. During the COVID-19 lockdown, workers were imprisoned in factories for weeks and made to work. Many companies of the construction sector are facing a shortage of skilled technicians and young staffers. The average age of migrant labourers has increased to 42 years, and professional degrees are not respected.
