For China's jobless young people, hostels are the place to be

Hostels in China have become refuges for young people struggling to find jobs in major cities. As joblessness among young Chinese reaches record highs, hostels provide a place for individuals to stay between interviews and strategize for their next networking meeting. The hypercompetitive nature of China's white-collar job market, combined with a slowing economy, has made it increasingly difficult for young people to secure well-paying jobs. Even those who have found employment often struggle to afford housing. The situation has worsened in recent years, with fewer job offers available.

Nov 2, 2023 - 03:30
For China's jobless young people, hostels are the place to be
Hostels in China have become refuges for young people struggling to find jobs in major cities. As joblessness among young Chinese reaches record highs, hostels provide a place for individuals to stay between interviews and strategize for their next networking meeting. The hypercompetitive nature of China's white-collar job market, combined with a slowing economy, has made it increasingly difficult for young people to secure well-paying jobs. Even those who have found employment often struggle to afford housing. The situation has worsened in recent years, with fewer job offers available.