# @nextshark on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CyEKjR5sNO9
- **Gondola URL:** https://gondola.cc/posts/9132556-nextshark-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/8e9888a03b.jpg
- **Posted:** 2023-10-06T17:04:38.000+00:00
- **Account Owner:** NextShark (@nextshark) — https://gondola.cc/nextshark

## Caption

#RESIGNATIONPARTIES are trending in China, empowering young professional to #QUIT their stable jobs with high salaries. ⁠
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Chinese millennials and Gen-Zers have been posting photos and videos on Xiaohongshu of their departure celebrations from prestigious companies. Many of these young professionals, who come from large tech companies like ByteDance, Shein and Xiaohongshu itself, cite reasons such as LOW WAGES and  BURNOUT for leaving their careers. ⁠
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The phenomenon is fueled by a sense of overqualification, where employees feel their jobs do not require the skills they acquired through education. While China’s education system has seen a surge in enrollment, the job market may not demand as many highly skilled workers. This mismatch between education and job opportunities is contributing to a sense of disillusionment among young workers.⁠
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As many young Chinese workers are exploring alternative approaches to escape the traditional career path, the trend could have long-term consequences for China’s economy, as it faces a falling birth rate, an aging population and a shrinking workforce. If disillusioned youth permanently drop out of the labor force, it may exacerbate these demographic challenges. ⁠
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#news #resignationparty #quittingtime #quitparty #China #Xiaohongshu #bytedance #shein #lowwages #economy #internationalnews #trending #socialmediatrends #youngprofessionals #Chinasworkforce #lyingflatmovement #996workculture ⁠

## Stats

- **Views:** 0
- **Likes:** 0
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- **Comments:** 83

## Tags

quit, economy, quittingtime, quitparty, youngprofessionals, resignationparties, china, bytedance, trending, chinasworkforce, news, lowwages, xiaohongshu, resignationparty, internationalnews, 996workculture, socialmediatrends, lyingflatmovement, shein

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