Chinese Slowdown Pushes Youth Unemployment to New Highs

HONG KONG—In China, a military of faculty college students is about to enter the toughest job market in years, as Covid-19 takes the wind out of the broader economic system and Beijing’s regulatory campaigns devastate industries lengthy enticing to the nation’s younger folks.

Wang Shusheng, a scholar at a college within the jap Chinese metropolis of Hangzhou who is about to gather his diploma subsequent week, mentioned he has despatched his résumé to greater than 250 firms prior to now few weeks, together with some that he submitted at 2 a.m. throughout bouts of hysteria.