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by seanmcdirmid 21 days ago
Do you have direct experience with this? From what I understand China has huge youth employment issues right now, and the 35 and out (at even non tech companies) meme has some basis in reality.

China historically has had a poor social safety net, but made up for it with a more dynamic labor market (well, we could say the same about the USA vs Europe).

1 comments

China is still riding the high of its economic miracle, that lifted hundreds of millions out of poverty, which is why the population is so complacent toward their authoritarian government. For now, at least.
That's a pretty generic answer that would have been correct 10 or 20 years ago as well. But where are the recent trends in youth employment? Is automation reducing the need for workers going to cause (or is causing) social instability?

I saw a tiktok a few days ago about the proliferation of autonomous food delivery taking away jobs from delivery bike riders (the ones pretty ubiquitous in China today), and this kind of job was sort of considered a safety net if you lost your normal job (in that you can can always deliver food). It was Chinese authored and I doubt anyone who has never been to China would have understood it anyways.