Collapse in youth employment in China
3 Articles
3 Articles
As China's economy continues to decline sharply, the latest official data showed that the unemployment rate for young people aged 16 to 24 was 14.5% in June, down 0.4 percentage points from May, which has aroused public doubts.
Collapse in youth employment in China
The collapse in youth employment in China is not an unfortunate byproduct of macroeconomic cycles—it is a strategic failure of the Party-State, rooted in unsustainable development models, ideological rigidity, and authoritarian labor mismanagement. The sharp decline from 93.3% to 86.1% employment among youth aged 16 to 34 between 2018 and 2022, as reported by Su […]
Newtalk News China's employment problem has become increasingly serious after the Covid-19 epidemic. Among them, the youth unemployment rate has remained high, leading to various strange phenomena in society, and there is also an atmosphere of instability. Starting from 2023, China's economic recovery is not ideal. Even if the Chinese Communist Party authorities have proposed various stimulus plans and even regarded ensuring "employment" as an …
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