1 in 5 Young Chinese Is Jobless, and Millions More Are About to Graduate

BidenPresident

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The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery.

Ms. Shu is one of nearly 12 million Chinese expected to enter the job pool next month at a difficult time. The government reported this week that 20.4 percent of people ages 16 to 24 looking for a job were out of work in April. That is the highest level since China started announcing the statistic in 2018.

https://www.nytimes.com/2023/05/19/business/china-youth-unemployment.html
 
China has been having some real problems lately. I bet they wish they had trump back again.
 
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