No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 10, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

China’s Gen Z unemployment is so bad that young job-seekers are paying to pretend to work in an office

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 3 mins read
A A
China’s Gen Z unemployment is so bad that young job-seekers are paying to pretend to work in an office
Share on FacebookShare on TwitterShare on LInkedIn



Gen Z graduates are stepping out of college with prestigious degrees, only to be met with a sluggish job market, making it feel nearly impossible to land a gig. The situation has gotten so bad in China that young professionals are even paying to work in a mock office to pass the time.

Young adults in China are paying between 30 and 50 yuan per day, or around $4.20 to $7, to sit in fake office set-ups across the country run by Pretend To Work Company. They’re hot spots for China’s jobless Gen Z to work on their own start-ups, apply to open roles, or simply sit around in the company of other struggling youth looking for an opportunity. The mock offices often provide computers for use, as well as free snacks, lunch, and drinks. 

These faux working locations are popping up in major cities including Shenzhen, Shanghai, Nanjing, Wuhan, Chengdu, and Kunming, according to reporting from the BBC. 

With China’s youth unemployment being sky-high at 14.5% for 16 to 24-year-olds, there are plenty of jobless professionals to commiserate with at these “pretend to work” locations. It may seem counterproductive for unemployed people to be spending their money feigning work at an office—but the spaces may be better at stimulating a new opportunity than job-seekers being isolated in their apartments, according to experts. 

“The phenomenon of pretending to work is now very common,” Christian Yao, senior lecturer at Victoria University of Wellington’s School of Management in New Zealand, told BBC. 

“Due to economic transformation and the mismatch between education and the job market, young people need these places to think about their next steps, or to do odd jobs as a transition…Pretend office companies are one of the transitional solutions.”

China’s Gen Z joblessness crisis: ‘Rat people’ and ‘lying flat’

China’s Gen Z professionals have had a hard time scoring jobs for years—and the pandemic only turbocharged the need for new opportunities. 

In 2023, the situation was so dire that China’s youth unemployment rate was estimated to be as high as 46.5%, according to Peking University’s professor of economics Zhang Dandan. After three months of record-high young joblessness that year, the Chinese government ceased running statistics on the issue altogether. The eye-popping unemployment rate included 16 million young Chinese workers who have taken themselves out of the labor force by “lying flat”—doing the bare minimum to get by, and not chasing high-powered careers. 

China’s government is also stepping in to change worrying youth joblessness rates; in 2011, the Ministry of Education cautioned that any college majors with employment under 60% for two years straight could be scrapped altogether. To ensure their disciplines don’t get shut down, some universities in China asked graduates to falsify their job status to keep the programs running.

“I think the actual state of youth unemployment in China could be worse than the data suggests, as colleges have incentives to inflate the employment rate,” Henry Gao, a law professor at Singapore Management University, told the SCMP in 2023. “There have been reports of colleges offering jobs to their own graduates just to paper over the data.”

While there are indications the unemployment rates are improving, being a jobless professional is so commonplace in China that young people are proudly wearing their unemployment as a badge of honor. 

Instead of “girl bossing,” out-of-work Gen Zers are calling themselves “rat people,” spending their days bed-rotting, scrolling on their phones, napping, and ordering take-out. It’s a social media trend that has swept Weibo, RedNote, and Douyin, as burned-out youth are exhausted by scant opportunities and crushed by hopelessness.

“This trend is more than Gen Z disengaging, it’s a quiet protest by young people responding to burnout, disillusionment and a job market that feels both punishing and uninviting,” Advita Patel, a confidence and career coach, and president of the Chartered Institute of Public Relations, told Fortune. “When you’re endlessly applying for jobs and being ghosted or rejected, it can be incredibly damaging to confidence and mental wellbeing.” 

Calling unemployed Gen Zers: Are you spending money for special services, or fake office set-ups, in your quest to land work? We’d love to hear your experience—please reach out at [email protected]

Introducing the 2025 Fortune Global 500, the definitive ranking of the biggest companies in the world. Explore this year’s list.



Source link

Tags: badChinasGenJobseekersOfficePayingpretendunemploymentworkyoung
ShareTweetShare
Previous Post

Here’s the inflation breakdown for July 2025 — in one chart

Next Post

Waze founder sets up $40m venture capital fund

Related Posts

edit post
Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels

Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels

by TheAdviserMagazine
October 10, 2025
0

President Donald Trump said Friday that he will impose an additional 100% tariff on China and limit U.S. exports of...

edit post
NI Holdings appoints Cindy Launer as CEO (NODK:NASDAQ)

NI Holdings appoints Cindy Launer as CEO (NODK:NASDAQ)

by TheAdviserMagazine
October 10, 2025
0

NI Holdings (NASDAQ:NODK) on Friday said that Seth Daggett has stepped down as President and CEO, effective immediately, to pursue...

edit post
Grizzly extends private placement (GZD:CA:TSXV)

Grizzly extends private placement (GZD:CA:TSXV)

by TheAdviserMagazine
October 10, 2025
0

Grizzly Discoveries (TSXV:GZD:CA) announced a private placement offering for gross proceeds of $1M for a 30-day extension to the previously...

edit post
Billionaire MacKenzie Scott doubles down on DEI with  million donation

Billionaire MacKenzie Scott doubles down on DEI with $42 million donation

by TheAdviserMagazine
October 10, 2025
0

MacKenzie Scott’s latest round of gifts sends a clear message: Her commitment to diversity, equity, and inclusion remains intact—and she’s...

edit post
Trump just celebrated the bull market’s third birthday by wiping 2% off the S&P 500, lashing out at China over the great rare earths tug of war

Trump just celebrated the bull market’s third birthday by wiping 2% off the S&P 500, lashing out at China over the great rare earths tug of war

by TheAdviserMagazine
October 10, 2025
0

The third anniversary of the bull market took an unexpected turn on Friday as President Donald Trump’s latest comments on...

edit post
China hits back at US ships with additional port fees starting Tuesday

China hits back at US ships with additional port fees starting Tuesday

by TheAdviserMagazine
October 10, 2025
0

Vessels owned or operated by U.S. firms and individuals, or those built in the United States or that fly the...

Next Post
edit post
Waze founder sets up m venture capital fund

Waze founder sets up $40m venture capital fund

edit post
Under Armour (UAA) Declines on 3rd Day as Analysts Turn Pessimistic

Under Armour (UAA) Declines on 3rd Day as Analysts Turn Pessimistic

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Mukul Agrawal hikes stake in Monolithisch after 200% rally, exits another stock in portfolio shuffle

Mukul Agrawal hikes stake in Monolithisch after 200% rally, exits another stock in portfolio shuffle

0
edit post
Washington Post: Obamacare Was Never Actually Affordable

Washington Post: Obamacare Was Never Actually Affordable

0
edit post
If the debasement trade would catapult Bitcoin, why is the market down?

If the debasement trade would catapult Bitcoin, why is the market down?

0
edit post
What “Trusted Agents” Might Not Tell You About Prescription Costs

What “Trusted Agents” Might Not Tell You About Prescription Costs

0
edit post
NI Holdings appoints Cindy Launer as CEO (NODK:NASDAQ)

NI Holdings appoints Cindy Launer as CEO (NODK:NASDAQ)

0
edit post
Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

0
edit post
If the debasement trade would catapult Bitcoin, why is the market down?

If the debasement trade would catapult Bitcoin, why is the market down?

October 10, 2025
edit post
Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels

Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels

October 10, 2025
edit post
NI Holdings appoints Cindy Launer as CEO (NODK:NASDAQ)

NI Holdings appoints Cindy Launer as CEO (NODK:NASDAQ)

October 10, 2025
edit post
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
edit post
Grizzly extends private placement (GZD:CA:TSXV)

Grizzly extends private placement (GZD:CA:TSXV)

October 10, 2025
edit post
Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

October 10, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • If the debasement trade would catapult Bitcoin, why is the market down?
  • Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels
  • NI Holdings appoints Cindy Launer as CEO (NODK:NASDAQ)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.