Every year, the state pays attention to the employment of college graduates, and basically does not care about the employment of the general population. Occasionally, at the beginning of the year, there was talk of an improvement in the employment rate, but it never actually affected the overall unemployment trend.
In terms of the unemployment rate at the beginning of 2024, the unemployment of the "elderly working population" is particularly prominent!
It has affected almost the entire Chinese society. "Unable to stimulate consumption" and "capital market problems" are theoretically that those people have no money.
The people sitting in the office probably didn't feel it directly, and the people on the streets and alleys knew better.
The so-called "elderly employed population" refers to professional and non-professional workers over the age of 35.
They are responsible for all aspects of the core elements of the whole of China.
They are the ones who take out mortgage loans in the real estate market, and they are the ones who make all kinds of large purchases in the economy; In the financial industry, they are the "leeks" in the capital market; What's more, they are the backbone of almost most of a family's life.
What industries are they generally employed in?
* I must not have understood the level, otherwise there would be no current economic problems in China.
Except for public officials. If a public official leaves his or her job, he or she will face the same problem.
For those who have professional skills, a small number will be engaged in the work of their professional skills. Doctors, teachers, engineers, and business managers.
However, most of these people are not engaged in skills jobs that they are good at.
They are the most frequent job changers.
The unemployment rate is also highest among this group of people, especially after the age of 35.
On the other hand, there are workers who do not have many professional skills or only have ordinary work experience.
In this category, there are more migrant workers (simple migrant workers from rural to urban areas).
With the Chinese real estate market that, most people are at a loss.
There is no way back to the countryside, and there is no suitable job in the city.
Originally, this kind of people could be transferred to the store and retail goods market, because e-commerce directly made this kind of transit jobs disappear, burying a huge hidden danger for China!
There are hundreds of millions of people in this group!
Of course, it's not all about not having nothing to do. Some of them are diverted to express delivery, food delivery and other errand industries. Older people, those in their fifties, are more difficult to do this type of work. As for what they do, I don't know. It seems that sanitation workers are generally at this age.
The so-called "senior employment" is a job that does not require much professional skills, but only experience or physical strength.
Let's say a construction site worker? Store employees? Ordinary factory workers? Sorters and porters in the logistics industry? Wait a minute.
They are disappearing from the Chinese labor market at a visible rate, some are replaced by artificial intelligence and manipulators, and many more are completely gone!
For example, the retail goods industry and the wholesale market, which once employed hundreds of millions of people.
Some people will say that these people can go back to the countryside to farm!
Can I get a mortgage on farming? Can farming pay for a huge household expense? Things like education, health care, and all kinds of living expenses.
As for why most people can't see the problems happening, it's mainly because many people have been holding on for some years because of face problems.
If you can't hold on anymore, this problem will definitely explode!