What's new

China faces structural mismatch in labour market, factories facing 30 million manufacturing workers shortage as interest in manufacturing falls among

The main problem is the over education of the young population, now always every young person holds at least a bachelor's degree and will never think about taking a manufacturing job, they would rather choose "lying flat" at home than take a job in a factory.
i don't knew about china but here the problem is if you go into service jobs you usually get better income than when you go into manufacturing .that made those jobs less appealing .
i think that is the problem that must be answered

Bachelor's degree really doesn't worth much. Expectation needs to be adjusted as wider population receives higher education.
its not bachelore degree that is the problem , the problem is the degree offered are not reflecting what the society and job markets demand .
 
.
i don't knew about china but here the problem is if you go into service jobs you usually get better income than when you go into manufacturing .that made those jobs less appealing .
i think that is the problem that must be answered

Chinese blue-collar workers already earn much higher salaries than ordinary white-collar workers.
 
.
Chinese blue-collar workers already earn much higher salaries than ordinary white-collar workers.
True but people still look down on them. In China social media there are many pictures featuring a supervisor giving a meeting to dozens of workers who make twice as much as the supervisor.
 
.
China needs to upgrade their industry to be semi and fully automatic.

Young people don't want sweet jobs anymore.

They want smarter jobs, more efficiency, less effort but more productivity.
 
.
Most the young unemployed are from upper middle class families. They would never ever take a factory job, no matter how much the factory jobs pay them. its not about money, its about social stigma if they do.

In the USA it's called the "portfolio" class. They're the kids of the affluent parents, and are interested in many things in the world other then earn a living for they don't badly need it....
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom