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Record 12.7 M Graduates Spur 16% Youth Unemployment

6/6/2026

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Story summary
  • Record 12.7 million graduates will enter the job market this summer, pushing youth unemployment above 16% for ages 16-24.
  • Ministry of Education reported 12.9 million students registered for the gaokao, a decline of 450,000 from the previous year.
  • A job ad for shepherds in Mongolia attracted 59 million views, highlighting the pressure on Chinese youth.
  • Shanghai colleges report a 15% enrollment increase while parents queue for limited vocational spots in Beijing.