Unveiling the Truth: China's Youth Unemployment Crisis Demands Transparency

China's decision to suspend the publication of monthly youth unemployment figures has sparked public outcry. The National Bureau of Statistics claims that the calculation method needs improvement to reflect the changing society, questioning whether students should be included in the unemployment figures before they graduate. However, critics argue that this move may be an attempt to hide weak job data. The youth unemployment rate in China has reached record highs in recent months, but it fails to account for rural youth unemployment and counts any part-time job as employment. Transparency and the release of more comprehensive indicators, such as NEET, would provide a more accurate picture and aid policymaking.