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China youth unemployment hits high as recovery falters
(www.bbc.co.uk)
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The workforce needs to shift back toward an apprenticeship/on the job training model for a lot of things, I think (china and globally, really). There’s always a massive delay between demand and college course path/promotion/graduation. And the lag eventually results in graduates going into a saturated market. Plus education not matching actual first jobs leaves people feeling unprepared to take on higher levels, where if it’s a natural progression it doesn’t.
Idk about other countries but in the us this can be seen with the lawyer boom of the 90s and early 00s, and currently with tech saturation.
A person (with some exceptions, like stem) could take some basic community college courses (or just HS, if we streamlined the process) focused on their eventual path and then get the rest of the training as a junior at their job, like what used to happen, but companies want unicorns for no work on their end and certainly no pay, so it’s unlikely to go back to that model any time soon, despite being objectively better for everyone involved.