The city has seen a 22.5% unemployment drop among Shanghai’s youth within the past two years, Shanghai Daily reports.
The 22.5 percent drop follows a series of initiatives targeting young city residents, including organizing frequent job fairs and direct offers of job opportunities, said officials from the Shanghai Human Resources and Social Security Bureau.
These proved effective and will continue this year.
According to the bureau, young people accounted for 26.5 percent of the total unemployed in Shanghai in 2013. This compares to 29.3 percent in 2010.
Shanghai began measures after the number of unemployed young residents — aged between 16 and 35 — hit a record 80,000 in 2012, with a quarter unemployed for more than 12 months.
Many young people in the city rely on their parents or are holding out for an “ideal” job, according to the survey. At a job fair targeting younger people yesterday, more than 5,000 jobs were offered by 250 companies in the fields of automobile, real estate, insurance and manufacturing industries, but many attendees told reporters that the offers weren’t enticing.
[Image via Xinhua]