Youth unemployment

Unemployed Youths Demand £40k Salaries: A Cost of Living Crisis?

Addressing the House of Lords, an employment advisor reported that many unemployed British youth are unwilling to work for less than £40,000 annually, a phenomenon he attributes to a shift in young people’s expectations. This comes as youth unemployment and inactivity figures reach record highs, with approximately 595,000 young people classified as economically inactive and 392,000 unemployed but seeking work. Peers discussed the implications of this trend, suggesting that low perceived future earning potential contributes to a lack of motivation. Potential solutions, including Labour’s proposed “youth guarantee” and potential EU mobility schemes, are currently under consideration.

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OnlyFans in China: A Billion-Dollar Market Opens Up

OnlyFans, previously blocked in China, is now accessible, as confirmed by CNN and GreatFire.org, marking an unusual development given the country’s strict censorship policies against sexually explicit content. This unblocking, noted since November 29th, has prompted online discussions, with some suggesting it as an unexpected employment opportunity for China’s struggling youth. While known for adult content, OnlyFans also features non-explicit material, potentially broadening its appeal within the Chinese market. The site’s renewed availability coincides with persistently high youth unemployment rates in China.

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China’s Population Plummets: Pro-Birth Policies Fail Amid Economic Hardships

China’s population is projected to decrease by a staggering 51 million people over the next decade, a decline exceeding the population of California. This alarming forecast, from Bloomberg Intelligence, highlights the continued failure of government initiatives aimed at boosting birth rates. The one-child policy, implemented decades ago, profoundly altered the cultural landscape, establishing a preference for single-child families. This cultural shift, coupled with other factors, continues to defy attempts at reversal.

The significant and persistent youth unemployment rate, exceeding 20% before the government ceased public reporting, adds another layer to this complex issue. High unemployment directly impacts the financial stability needed to support a family, making parenthood a less attractive prospect for many young people.… Continue reading