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Why China’s young people are quitting their jobs and throwing ‘resignation parties’

  • Chinese youth are celebrating quitting their jobs with parties resembling traditional marriage rituals.
  • Despite the country's challenging economic climate and soaring youth unemployment rates, individuals in their 20s are leaving positions due to reasons such as low salaries and burnout, a CNN report said.
  • China's extensive education system has led to many individuals being overqualified for the jobs they are in, contributing to dissatisfaction and low job fulfillment.
  • The "Great Resignation" trend may strain China's future workforce and economy due to a declining birthrate and an aging population, potentially impacting fertility rates and pension support for the elderly.

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