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Unemployed Chinese Graduates Say No Thanks to Factory Jobs

hackingbear (988354) writes | about a year and a half ago

China 1

hackingbear (988354) writes "While people and politicians are pitching for more educations and reviving manufacturing in this country, jobs go begging in factories while many college educated young workers, which now number 11 times more than in 1989, are unemployed or underemployed in China. A national survey of urban residents, released this winter by a Chinese university, showed that among people in their early 20s, those with a college degree were four times as likely to be unemployed as those with only an elementary school education. Yet, it is not about the pay. Many factories are desperate for workers, despite offering double-digit annual pay increases and improved benefits, while an office job would initially pay as little as a third of factory wages. The glut of college graduates is eroding wages even for those with more marketable majors, like computer science. Vocational schools and training programs are unpopular because they suffer from a low statue of for people from unsuccessful, poor, or peasant backgrounds.“The more educated people are, the less they want to work in a factory,” said an unemployed graduate. If we do succeed bringing back factory jobs, are their enough people want them?"
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In the book "The China Price", a factory worker... (1)

Paul Fernhout (109597) | about a year and a half ago | (#42702399)

... is interviewed who had his hand mangled in an injection molder. He was left to fend for himself with a tiny bit of "compensation" from the factory. No wonder smart people in China want to avoid factory jobs -- they are not like factory jobs in the USA. See:
"The China Price: The True Cost of Chinese Competitive Advantage" by Alexandra Harney []
"In this landmark work of investigative reporting, former Financial Times correspondent Alexandra Harney uncovers a story of immense significance to us all: how China's factory economy gains a competitive edge by selling out its workers, environment, and future. Harney's firsthand reporting brings us face-to-face with a world in which intense pricing pressure from Western companies combines with ubiquitous corruption and a lack of transparency to exact a staggering toll in human misery and environmental damage. This eye-opening expose offers, for the first time, an intimate look at the defining business story of our time."

China is already moving to increase automation. The same issues will play out as in the USA with a declining need for most human labor in all areas. For what to do about it: []

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