Part 3/9:
In Guango, a region typically bustling with workers, landlords have unexpectedly begun seeking tenants directly—a stark departure from the norm where properties would easily rent themselves. This direct outreach suggests a significant reduction in the number of job returnees, leading to increased pressure on rental markets and an oversaturated job market.
Shifts in Job Market Dynamics
The demographic challenges are compounded by rising age limits in job applications, such as at the popular restaurant chain Heid Lao, which now asks for college degrees for ostensibly low-skilled roles. Applicants face increasing barriers, and there is growing dissatisfaction from workers who feel excluded from opportunities due to such restrictions.