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submitted 1 year ago by Fissionami@lemmy.ml to c/worldnews@lemmy.ml
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[-] Rapidcreek@reddthat.com 26 points 1 year ago

More than a fifth of Chinese age 16 to 24 are out of work.

Spain and other southern EU countries have experienced this, and even higher unemployment rates in the past, but with China’s rather large population, we’re about 30 million young people in a country with few safety nets.

China’s economy barely grew in the second quarter from the first and youth unemployment hit a record high in June, providing evidence of a fading recovery.

So what is Xi going to do when these 30 million hit the streets to demonstrate? Draft them and attack Taiwan?

[-] queermunist@lemmy.ml 40 points 1 year ago

More than a fifth of Chinese age 16 to 24 are out of work.

Does that include people in school?

[-] Dran_Arcana@lemmy.world 0 points 1 year ago

Yeah I was going to say that seemed like a weird range to cherry pick. I have to imagine the 16-17 crowd in the US is like, 25-50% employed at best, and that's 2/9. 5-6/9 in that range are school age if you count college.

I wonder what that looks like for the US

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this post was submitted on 11 Aug 2023
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