No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, August 19, 2026
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
1 year 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

Palantir might be the most over-valued firm of all time

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

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
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
Montana Puts Democrats in a Bind as Senate Hopes Fade

Montana Puts Democrats in a Bind as Senate Hopes Fade

August 2, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
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

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • 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.