Under Xi Jinping’s leadership, China’s job market has come under severe pressure. Foreign companies have pulled back, private businesses have faced tighter controls, and sectors including the internet, private education, real estate, and manufacturing have all been strongly affected. As a result, job opportunities across many industries have declined sharply, making employment increasingly difficult, especially during the peak graduation season in June and July. Even graduates from China’s top universities, including those with master’s and doctoral degrees, are struggling to find stable jobs. The reality of the declining value of academic credentials is pushing an entire generation of young people into an increasingly difficult situation. For many, even higher degrees no longer guarantee a decent job, triggering widespread frustration online.
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