China’s unemployment rate in May reached a record high of 20.8 percent for youth aged 16–24.
Combined with the record-breaking 11.58 million graduates this year, the pressure on the job market is unprecedented.
Many college students chose to delay graduation, hoping higher education would help to guarantee a better opportunity in the job market, according to the Chinese media report.
Qin Jie, born in the 90s, gave up his graduate study in Investments after realizing the falsified economic yearbook data provided by the regime had hindered his progress in research and verification of the data.
Like many young Chinese who invested their youth in colleges, Qin realized that “the worship of academic credentials is useless,” he said to the Chinese language edition of The Epoch Times….