For China's jobless young people, hostels are the place to be
Wednesday, 1 November 2023 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.
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