Being unemployment can be a shameful thing in China so instead of broaching your status to friends and family some people have decided to pay a fee so they can join a pretend to work company so they can fool people into thinking they have secured employment. Sounds like a joke but apparently this has happened in China.


On a more serious note, I have heard since the Covid pandemic China has struggled with growth and this lack of growth is most acutely felt by the youth in the country. It is telling that the Chinese government has stopped providing official figures for youth unemployment since 2023 so one can only speculate on what the situation is on the ground.

This lack of growth, worsening demographics not to mention an upcoming Trump presidency could spell a difficult period for China. Sure the fat cats may take the sting out of US tariffs by offshoring operations to cheaper neighboring countries but such solutions would only exacerbate the existing unemployment issues experienced by the young. Any ideas how you envision unemployment to turn out for China in the next five years?

Do they pretend to pay them with pretend money?  Can you take out a loan based on your pretend salary?

A large cohort of youth unemployment generally leads to social unrest, so I would expect to see somw type of action to prevent that.  Maybe they will expand their requirements for service in the military.

RE

This is great, half the job postings on Linked-In are fake and only placed to make companies look like all is well with the advertising business.  Some are A.I. generated.  Or the adds are straight up scams.

Fair is fair.

Fake jobs with fake employees with fake layoffs and fake unemployment numbers and fake participation rates in the fake workforce.  Fake reporters for fake websites reporting the fake statistics to a public faking they can read.  I fake that I give a shit.  lol.

Reality isn't important, just image and opinion.  The truth is a lie and crime pays as we come to the closing days of the Age of Oil.

RE

Quote from: RE on Jan 07, 2025, 06:42 PMFake jobs with fake employees with fake layoffs and fake unemployment numbers and fake participation rates in the fake workforce.  Fake reporters for fake websites reporting the fake statistics to a public faking they can read.  I fake that I give a shit.  lol.

Reality isn't important, just image and opinion.  The truth is a lie and crime pays as we come to the closing days of the Age of Oil.

RE

I've been reading your work since, what, 2008–9? The above statement may be the truest thing you've ever written.

I'm reminded of an old Soviet Russian axiom: "We pretend to work, and they pretend to pay us."

Quote from: Surly1 on Jan 09, 2025, 02:59 PM

Quote from: RE on Jan 07, 2025, 06:42 PMFake jobs with fake employees with fake layoffs and fake unemployment numbers and fake participation rates in the fake workforce.  Fake reporters for fake websites reporting the fake statistics to a public faking they can read.  I fake that I give a shit.  lol.

Reality isn't important, just image and opinion.  The truth is a lie and crime pays as we come to the closing days of the Age of Oil.

RE

I've been reading your work since, what, 2008–9? The above statement may be the truest thing you've ever written.

I'm reminded of an old Soviet Russian axiom: "We pretend to work, and they pretend to pay us."

Yes, that old joke from the Soviet Union came to mind for me as well.

Nice to have you back reading and writing too.

RE

Quote from: RE on Jan 09, 2025, 08:00 PMReality isn't important, just image and opinion.  The truth is a lie and crime pays as we come to the closing days of the Age of l


I'm reminded of an old Soviet Russian axiom: "We pretend to work, and they pretend to pay us."

Yes, that old joke from the Soviet Union came to mind for me as well.

Nice to have you back reading and writing too.

RE
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At this age and condition I'm happy to be anywhere.