China’s Job Market Collapses! Even PhDs Are Unemployed!

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Hello, this is China Deep Dive. We have all the information you need to know about China at present. Today's topic is:
Once upon a time, in the traditional Chinese social imagination, a "PhD" was the jewel at the top of the ivory tower, symbolizing knowledge, status, and a respectable job.

However, reality is gradually shattering this comforting illusion. The chilling reality of "graduation equals unemployment" is spreading at an unprecedented pace, even impacting doctoral graduates who stand at the top of the academic pyramid.
China’s Job Market Collapses! Even PhDs Are Unemployed!

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