"China's Youth Unemployment Soars Amidst Stalled Recovery"

Youth unemployment in China has reached a record high of 21.3% in urban areas, signaling a faltering post-pandemic recovery. China's economy grew by 0.8% in the second quarter, falling short of expectations and raising concerns about weak growth momentum. The issue of youth unemployment is particularly significant as a large number of university graduates are expected to enter the job market this year. Analysts suggest that direct policy responses are needed to address this issue, as discontent among unemployed young people could lead to a wider loss of confidence in the economy.