China's Youth Favor Government Jobs Over Private Sector

1 min read
Source: CNBC
China's Youth Favor Government Jobs Over Private Sector
Photo: CNBC
TL;DR Summary

A record number of young Chinese are flocking to government jobs due to economic uncertainties, private sector layoffs, and a desire for stability, with competition for these roles becoming extremely fierce amid a slowing economy and waning confidence in higher degrees for better employment prospects.

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