Chinas COVID restrictions have battered an economy already slowing due to a property market downturn, geopolitical worries and regulatory crackdowns on tech, education, and other sectors.
受房地产市场低迷、地缘政治局势、对科技、教育等行业的监管打击和新冠疫情防控等因素影响，国内经济放缓。
A cohort of graduates larger than the entire population of Portugal is about to enter one of Chinas worst job markets in decades at a time when youth unemployment is already more than three times Chinas overall joblessness rate, at a record 18.4%.
16-24岁年轻人失业率是整体失业率的三倍多，达到创纪录的18.4%。一批超过葡萄牙总人口的毕业生即将进入数十年来最严峻的就业市场。
"The social contract between the government and the people was you stay out of politics and we will guarantee that every year youll do better than last year," said Michael Pettis, Professor of Finance at Peking University.
北京大学金融学教授迈克尔·佩蒂斯表示：“政府和人民之间的社会契约是，你远离政治，我们保证你每年都会比去年过得更好。”
Premier Li Keqiang has said stabilising the job market for graduates is a top government priority. Companies granting internship posts to new graduates will receive subsidies, on top of other perks aimed at boosting employment in general.
国务院总理李克强表示，稳定毕业生就业市场是政府的首要任务。除了其他旨在促进总体就业的津贴外，为新毕业生提供实习岗位的公司将获得补贴。
Some regional governments have offered cheap loans to graduates looking to launch their own businesses. State-backed firms are expected to pick up some of the slack in private sector entry-level jobs.
一些地方政府向希望创业的毕业生提供了优惠贷款。由于私企发展乏力，预计国企将提供一些初级岗位。
Rockee Zhang, Managing Director for Greater China at recruitment firm Randstad, says Chinas entry-level jobs market was worse even than during the 2008-09 global financial crisis, estimating new jobs falling 20-30% from last year.
任仕达集团大中华区董事总经理Rockee Zhang表示，国内初级就业市场甚至比2008-09年全球金融危机期间还要糟糕，估计新就业岗位比去年下降了20-30%。
"This year is a low point, the lowest I’ve seen," said Zhang, who has been a recruiter for two decades.
“今年是低点，是我见过的最低点，”张说，他已经做了20年的HR。
Expected salaries are also 6.2% lower, according to Zhilian Zhaopin, another recruitment firm.
智联招聘数据显示，毕业生的预期工资也下降了6.2%。
The tech sector has been a significant employer of many Chinese graduates, but this year the industry is trimming its workforce, recruiters say.
招聘人员表示，科技行业一直是许多中国毕业生的重要雇主，但今年科技行业正在裁员。
A regulatory crackdown prompted many of Chinas tech giants including Tencent (0700.HK) and Alibaba (9988.HK) to make massive job cuts. A combined total of tens of thousands have lost their jobs in the sector this year, five tech industry sources told Reuters.
受监管措施影响，腾讯和阿里巴巴等众多科技巨头开始大规模裁员。五位行业消息人士告诉路透社，今年互联网行业有数万人失业。
Job cuts varied amongChinas roughly ten biggest tech companies, but almost all cut at least 10% of their staff, with some, including iQIYI (IQ.O) cutting far more, according to a report published in April by Shanghai-based Talent Assessment and Management Consulting group NormStar.
总部位于上海的人才评估和管理咨询集团NormStar4月份发布的一份报告显示，中国互联网公司的裁员情况各不相同，但几乎所有公司都至少裁员10%，爱奇艺等公司的裁员幅度要大得多。
In April, a nine-month freeze on online gaming licenses over violent content and other issues was lifted, during which time 14,000 firms in the industry shut.
今年4月，经历了9个月的冻结，网游行业重新开始发放许可证。9个月内，该行业有14000家公司倒闭。
Private education, another sector which drew regulatory scrutiny, parted with tens of thousands of workers as well. The largest firm in the industry, New Oriental, has announced 60,000 layoffs.
教培行业被连根拔起，裁员无数。业内最大的公司新东方宣布裁员6万人。
New hiring is slow. A human resources manager at a Tencent business unit said they were looking to hire "a few dozen" new graduates, compared with about 200 a year previously.
与此同时，新员工招聘进度缓慢。腾讯某业务部门的一位人力资源经理表示，他们正在招聘“几十名”应届毕业生，而一年前这一数字约为200人。
“Internet companies have cut tonnes of jobs," said Julia Zhu of recruitment firm Robert Walters. "If they have the financial resources to bring people in they are now opting for more experienced candidates rather than fresh graduates."
招聘公司Robert Walters的朱丽娅说：“互联网公司已经裁减了大量工作岗位。如果他们有财力引进人才，他们现在会选择更有经验的人士，而不是应届毕业生。"
Jason Wang, a Beijing-based headhunter who has worked mostly with tech companies in recent years, is now recruiting mainly for state-backed telecommunication firms.
贾森·王是北京的一名科技行业猎头，目前主要为国有电信公司招聘。
"The golden age of internet companies’ hiring sprees has ended," Wang said.
“互联网公司疯狂招聘的黄金时代已经结束，”王说。
In China, being jobless for some time after graduation is typically frowned upon by employers. Many families see it as a humiliation rather than bad luck with the economy.
在中国，毕业后gap一段时间通常不被雇主理解。许多家庭也认为这很丢人，而不仅仅是经济问题。
Taking blue-collar jobs after getting a university degree also often draws disapproval, so to avoid long gaps in their CVs, record numbers are applying for post-graduate studies, official data show.
官方数据显示，大学毕业后再从事蓝领工作也往往会遭到反对，因此为了避免简历上出现长时间的空缺，考研人数创下历史新高。
Vicente Yu graduated in 2021 but has been unemployed since losing his job at a media company late last year. His savings will cover another month or two of rent and basic expenses in the southern city of Guangzhou.
Vicente Yu于2021年毕业，但自去年年底失去一家媒体公司的工作后一直失业。他的积蓄只够支付广州一两个月的房租和基本生活费。
"My dad said you should never come home again, he said he should have raised a dog instead of me," said the 21-year-old, who has been struggling with anxiety and sleep problems.
“我爸爸说，你再也不应该回家了，他应该养条狗，而不是养我，”这位21岁的年轻人说，他一直受焦虑和睡眠问题困扰。
He spends his nights on social media platforms, where he finds other young people in similar situations.
他经常熬夜刷社交媒体，在那里他可以找到一些类似境遇的年轻人。
"I look at all those people who are like me, who couldnt find a job, and get some solace from it."
“我看着那些像我一样找不到工作的人，从中得到些许安慰。”
