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The reasons behind China’s high youth unemployment rate
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube China’s decision to suspend the release of youth unemployment data as of August 2023 has drawn attention from pundits and commentators from around the world. But how severe are China’s youth unemployment issues really, and how does the government calculate the figure? Support us: https://subscribe.scmp.com Follow us on: Website: https://www.scmp.com Facebook: https://facebook.com/scmp Twitter: https://twitter.com/scmpnews Instagram: https://instagram.com/scmpnews…
‘Let it rot’: surviving China's high unemployment and cost of living
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube For more about the movement: https://sc.mp/4t0b A new generation of Chinese are challenging the values and traditions that have been the foundation of the nation’s modern successes. Hard work, whether to build your future, beat your competitor or just get rich before you are too old, have long been core values in China. But what happens…
China’s youth unemployment rate hits new high as recovery falters
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube For more on this: https://sc.mp/n70e?utm The unemployment rate among 16- to 24-year-olds rose to a record high in June 2023, according to official data. China’s economic growth in the second quarter was below market expectations. The disappointing indicators were recorded despite Beijing’s efforts to boost post-pandemic recovery and raises questions about what tools China has to…
Record unemployment driving many young Chinese to hawking to earn extra cash
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube For more on youth unemployment in China: https://sc.mp/b06ee7 Twenty-seven-year-old Parhati works full time as an IT technician in China, but he is also among a growing number of young people turning to hawking and other odd jobs to earn extra cash as their job prospects dim. The world’s second-largest economy reported that urban unemployment among people…
India unemployment rate on the rise amid COVID surge
Unemployment is on the rise in India as night curfews and weekend lockdowns are imposed because of an increase in coronavirus cases. The government says the economy will grow by more than 9 percent this year. But financial experts say most people will not see any benefits. Al Jazeera’s Elizabeth Puranam reports from New Delhi. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on…
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International outrage has mounted at Israel’s operations in Rafah, with UN chief Antonio Guterres warning a full-scale ground operation would spark an ‘epic humanitarian disaster’. [...]
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