Why are the following statement by Western medias misleading: “China’s youth unemployment rate hit a record high of 20.4 per cent in April, after rising from 19.6 per cent in March.” We talk to business executives with large numbers of employees in China headquartered in HK, the one we spoken to has more than 400 retail outlets in China. 為什麼西方媒體的以下說法具有誤導性:“中國青年失業率從3月份的19.6%上升到4月份的20.4%,創下歷史新高。” 我們採訪了總部位於香港、在中國擁有大量員工的企業主管,該公司在中國擁有 400 多家零售店.
I shared with him the above statement and he laughed: “We have difficulties finding employees in China.”
I asked him why?
The following are some of the main reasons.
Most of the 16-25 are from one child families. They are in no hurry finding jobs as their parents and 2 sets of grandparents of their parents are providing them with plenty of money to spend without working.
Many decided to have the freedom not getting a 9-5 jobs. They sell things online or becoming an entrepreneur. These youngsters are making money in a Nontraditional way being counted towards as unemployed statistically.
Their parents and grandparents don’t want them to work hard or travel far from home to get homesick, so they provided them the incentives of a homely environment therefore not aggressively seeking employment.
There is another friend making good money as banker in HK found out he no longer employed. Upon inquiry he told me he is good at math became private tutor. He goes to student’s home or student go to his home. He has also students went overseas to US and Britain, poor in math, so he is providing tutoring online. Private tutoring has provided him with more free time, making more money and a happier life. Statistically he is also considered as unemployed in HK.
There are so many stories in both HK and China that the parents are applying job for their children.
There is one case that an applicant was hired. On the starting date, a different person show up to work. Personnel office called the original applicant asked what has happened? He said that is his friend with similar experience and better grade than him therefore he is qualified for the job. Unbelievable!
Therefore if you read all the fake news medias in US, Europe, Canada and Australia, you don’t get to know the real happening in China. Most of these journalists wrote negative news about China never been to China. Most of the fake news are feed by CIA, NSA and Military Intelligence to their news desk everyday. Therefore practically 90% of the headlines or all Western medias are the same.
