China faces structural mismatch in labour market as interest in manufacturing falls among youth

China is under pressure to create more jobs, as nearly 12 million graduates are set to enter the saturated job market this year. The record high youth unemployment figure indicates slower growth momentum, but is also partly a reflection of a structural mismatch in the labour market, exacerbated by China’s shrinking birth rate and an ageing population, according to analysts. As the country transitions towards becoming a developed economy, fewer youths want to enter the manufacturing sector, which could lead to shortage of workers in the industry in the future. CNA’s Low Minmin reports.

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