Why do young people earn low wages?

With the rapid development of economy, the society demands higher and higher wages for young people. However, the reality is that many young people's wages are relatively low. There are many reasons for this phenomenon, and the following aspects are analyzed in detail.

I. Changes in industrial structure

With the development of economy and the adjustment of industrial structure, the demand for labor is also changing. The traditional manufacturing industry is relatively shrinking, while the emerging industries are developing rapidly. These emerging industries often need highly skilled and highly educated talents, and the relationship between supply and demand of these talents has put great pressure on the wage level of young people.

Second, the employment pressure has increased.

With the increase of population, the employment competition in the labor market is becoming more and more fierce. A large number of college graduates enter the job market every year, but the jobs in the market are not enough to accommodate them. This phenomenon of oversupply has led to an increase in employment pressure, making it difficult for young people to raise their wages.

Third, lack of vocational skills.

Nowadays, the society demands higher and higher vocational skills, and it is more difficult for young people who lack vocational skills to find good jobs. Many enterprises pay attention to skills and experience in recruitment, and young people often lack these experiences and skills, so they will be limited by salary.

Fourth, the influence of national policies and systems.

The influence of some national policies and systems is also one of the reasons for the low wages of young people. For example, some enterprises tend to minimize labor costs and recruit young employees instead of mature and stable employees. In addition, the wages of some industries and occupations have set minimum wage standards, which may be lower than the minimum living expenses, making the wages of young people working in these occupations obviously low.

Verb (abbreviation of verb) lacks social insurance.

Many young people often have no social insurance when they start working, so their salary performance may be slightly worse than those who have already participated in social insurance. In addition, under the current social insurance system, the social security paid by young workers is often not reflected in their wages in time, resulting in low wages for young people.

To sum up, the low wages of young people are caused by many factors. With the development of economy and the adjustment of industrial structure, this situation may improve, but at present, with the support of their own efforts and social policies, young people need to give full play to their potential and improve their abilities and vocational skills to meet the market demand and raise their wages.