Young Chinese are getting paid to be 'full-time children' as jobs become harder to find | CNN Business
Young Chinese are getting paid to be 'full-time children' as jobs become harder to find | CNN Business
Exhausted by the pressure to succeed as a photographer, Litsky Li accepted a better offer: quit work to become one of China’s growing legions of children paid by their families to stay home.
A thread yesterday had a variety of people asking if the unemployment is lower because the youth are well cared for.
Please click through and read for additional context. Families are helping. Parents age and are not a long-term plan except for the most unusually wealthy.
Please remember: China is nominally communist. Functionally, they are capitalists with an usual side of excess infrastructure spending. A strong central government doesn't make a country communist.
Their land use rules... that makes them communist-ish. But that's a small part of a far larger picture.
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Doesn't Andrew "UBI" Yang literally work for CNN? Really weird framing for something he would at least pretend to love. People are being paid to run errands for their family, a tale as old as time. It's still labour, but now focused at helping their families and community rather than getting some higher education formal job. Europe should try this out with their army of ageing sexagenarians. Kids would kill for 800 EUR a month to actually live for once.