China's Youth Unemployment Crisis Amplifies Economic Troubles

TL;DR Summary
China is facing a labor challenge as job prospects remain bleak in the aftermath of the COVID-19 pandemic. The country's economy is struggling to recover, with the property market and construction industry in decline, leading to a spike in joblessness, particularly among young people. The unemployment rate for 16- to 24-year-olds hit a record 21 percent last month. The weak economic conditions have caused widespread concerns about getting a job and earning an income, posing a challenge for the Chinese Communist Party and its leader, Xi Jinping, who have promised a better economic future and "common prosperity."
- As China’s economy stalls, the unemployment rate is hitting new highs The Washington Post
- Facing job scarcity in China, some find work as ‘full-time children’ NBC News
- China's Actual Youth Unemployment Is a Lot Higher Bloomberg
- China's economy is in trouble amid youth unemployment crisis Business Insider
- China's economy is in trouble - and its youth unemployment crisis is at the heart of the problem Business Insider India
- View Full Coverage on Google News
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