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Yu Hsing Chen's avatar

This had happened in many places already, in much of the developed world around 2008 ish was an era like that where new grads and their families had rude awakening that their paths and prospects are just not the same anymore, the relative good news for china at least might be that those kids aren’t also saddled with crippling student loans

Paul Dotta's avatar

Challenging times. A confluence of a slower, more realistic economy and generations who have grown up never experiencing slow or negative growth. Must be awfully disconcerting. But I don't necessarily see a shortage of jobs, just a poor match of available jobs to expectations. People may have to move to the jobs, accept work and pay less than they expected. He could have stayed in the army, moved to another city, and so on. Often young people have to go for it and accept a few years of tough work to uncover opportunities and get somewhere better. But if you've never experienced real hardship, don't realize what you're capable of, well then what do you do?

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