No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, November 28, 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
4 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
Beauty, makeup, and appareal top discounted items this holiday season (XLY:NYSEARCA)

Beauty, makeup, and appareal top discounted items this holiday season (XLY:NYSEARCA)

by TheAdviserMagazine
November 28, 2025
0

Nov. 28, 2025 11:08 AM ETThe Consumer Discretionary Select Sector SPDR® Fund ETF (XLY), XLPAEO, NKE, ANF, GAP, EL, ROST,...

edit post
U.S. stocks lift on the last day of November as Wall Street eagerly awaits the results of Black Friday

U.S. stocks lift on the last day of November as Wall Street eagerly awaits the results of Black Friday

by TheAdviserMagazine
November 28, 2025
0

U.S. stocks opened with gains on the final trading day of November.The S&P 500 rose 0.2% and needs a slightly...

edit post
Stock Market Today: Dow Futures Rise; Google Leads While Nvidia, Tesla Eye Key Level (Live Coverage)

Stock Market Today: Dow Futures Rise; Google Leads While Nvidia, Tesla Eye Key Level (Live Coverage)

by TheAdviserMagazine
November 28, 2025
0

Futures for the Dow Jones Industrial Average and other major indexes rose slightly on Black Friday after an long overnight...

edit post
Ping An Biomedical receives Nasdaq letter of non-compliance (PASW:NASDAQ)

Ping An Biomedical receives Nasdaq letter of non-compliance (PASW:NASDAQ)

by TheAdviserMagazine
November 28, 2025
0

Ping An Biomedical (PASW) received Nasdaq letter notifying the company that the closing bid price for the period from October...

edit post
Market Wrap: Sensex and Nifty end flat as profit-taking caps D-St rally near record highs

Market Wrap: Sensex and Nifty end flat as profit-taking caps D-St rally near record highs

by TheAdviserMagazine
November 28, 2025
0

Indian stocks ended flat with a negative bias on Friday, with the Sensex and the Nifty swinging between red and...

edit post
Rs 7,000 crore boom! Groww, Lenskart among 7 newly-listed firms to see shareholder lock-in end in December

Rs 7,000 crore boom! Groww, Lenskart among 7 newly-listed firms to see shareholder lock-in end in December

by TheAdviserMagazine
November 28, 2025
0

Shares of as many as seven newly listed companies could see heightened activity in December as their shareholder lock-in periods...

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
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
8 Places To Get A Free Turkey for Thanksgiving

8 Places To Get A Free Turkey for Thanksgiving

November 21, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
8 States Offering Special Cash Rebates for Residents Over 65

8 States Offering Special Cash Rebates for Residents Over 65

November 9, 2025
edit post
Could He Face Even More Charges Under California Law?

Could He Face Even More Charges Under California Law?

November 27, 2025
edit post
Bitcoin dominance dips to 23.6 fib level, signals potential altcoin rotation

Bitcoin dominance dips to 23.6 fib level, signals potential altcoin rotation

0
edit post
Act On Real-Time Insights With A Consumer Intelligence Platform

Act On Real-Time Insights With A Consumer Intelligence Platform

0
edit post
Your Home Equity Line of Credit Is Not Safe: Read This First

Your Home Equity Line of Credit Is Not Safe: Read This First

0
edit post
Mortgage and refinance interest rates today, November 27, 2025: Lowest since October 2024

Mortgage and refinance interest rates today, November 27, 2025: Lowest since October 2024

0
edit post
Switzerland Billionaire Tax | 50 Percent Estate Tax

Switzerland Billionaire Tax | 50 Percent Estate Tax

0
edit post
DKS Earnings: Highlights of DICK’S Sporting Goods’ Q3 2025 report

DKS Earnings: Highlights of DICK’S Sporting Goods’ Q3 2025 report

0
edit post
Bitcoin dominance dips to 23.6 fib level, signals potential altcoin rotation

Bitcoin dominance dips to 23.6 fib level, signals potential altcoin rotation

November 28, 2025
edit post
Beauty, makeup, and appareal top discounted items this holiday season (XLY:NYSEARCA)

Beauty, makeup, and appareal top discounted items this holiday season (XLY:NYSEARCA)

November 28, 2025
edit post
Silent XRP Run Hits Binance Just As US ETFs Ignite New Demand

Silent XRP Run Hits Binance Just As US ETFs Ignite New Demand

November 28, 2025
edit post
U.S. stocks lift on the last day of November as Wall Street eagerly awaits the results of Black Friday

U.S. stocks lift on the last day of November as Wall Street eagerly awaits the results of Black Friday

November 28, 2025
edit post
Your Home Equity Line of Credit Is Not Safe: Read This First

Your Home Equity Line of Credit Is Not Safe: Read This First

November 28, 2025
edit post
13 Big Financial Dates in December — Including 8 Income Tax Deadlines

13 Big Financial Dates in December — Including 8 Income Tax Deadlines

November 28, 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

  • Bitcoin dominance dips to 23.6 fib level, signals potential altcoin rotation
  • Beauty, makeup, and appareal top discounted items this holiday season (XLY:NYSEARCA)
  • Silent XRP Run Hits Binance Just As US ETFs Ignite New Demand
  • 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.