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China Sees 1 in 7 Young Urban Workers Jobless: Official Data
Epoch Times ^ | 09/17/2021 | Rita Li

Posted on 09/17/2021 9:10:42 PM PDT by SeekAndFind

Monthly updated data indicates one out of every seven young urban workers in China failed to find employment in August, including graduates from high schools, colleges, and universities.

China’s urban unemployment rate was 5.1 percent in August, while the rate for those aged 16-24 is three-times higher sitting at 15.3 percent, the National Bureau of Statistics announced on Wednesday.

Yet the official rate for the latter in August 2019—before the pandemic hit—was two percent lower.

Commentator Wen Xiaogang said the large volume of jobless young people flagged the inconsistency of Beijing’s claim on economic recovery beyond the impact of COVID-19.

The latest data show China’s factory output growth in August hit a 13-month low as the Delta variant surged in southeast China.

Observers also worried that the Chineses Communist Party’s crackdown on the off-campus tutoring industry left young people looking for jobs struggling even more.

In late July, China’s Ministry of Education officially banned for-profit tutoring on core school subjects as both young private tutors and graduates saw jobs vanishing. The authorities also barred the once-promising businesses from raising capital or going public.

Additionally, the August average weekly working hours decreased by 0.2 hours to 47.5 hours, regarding all employed workers in the nation’s enterprises, the data showed.


(Excerpt) Read more at theepochtimes.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: centralplanning; china; communism; unemployment; youth

1 posted on 09/17/2021 9:10:42 PM PDT by SeekAndFind
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To: SeekAndFind

It helps explain China’s belligerence the last little while. Their economy may be going into a depression.


2 posted on 09/17/2021 9:13:20 PM PDT by Jonty30 (My superpower is setting people up for failure, without meaning to. )
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To: SeekAndFind

Thank you for the feel good article!!


3 posted on 09/17/2021 9:14:29 PM PDT by datura (The voice that brought you peace has nothing left to say.)
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To: SeekAndFind

A second point to add, these are Chinese numbers. It’s likely closer to 20%, I suspect.


4 posted on 09/17/2021 9:18:16 PM PDT by Jonty30 (My superpower is setting people up for failure, without meaning to. )
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To: SeekAndFind

There must be a whole lot of angry Tiger Moms over in China right about now. I can almost hear the yelling;
“Get A Job, Mr. Lazy! I’m done paying for all of your phones!”


5 posted on 09/17/2021 9:21:39 PM PDT by lee martell
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To: lee martell

Oh, you don’t know Chinese moms in China!!!

The boys are treated as little princes, who can do nothing wrong. “Mommas boy”doesn’t go far enough to describe these cretins.

Girls are treated poorly, at best.


6 posted on 09/17/2021 9:30:43 PM PDT by datura (The voice that brought you peace has nothing left to say.)
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To: datura

Therein lies the problem. Pampering.
So then, where did that Tiger Mom reputation come from?
Maybe it had to do with Asian-American Moms specifically.


7 posted on 09/17/2021 9:33:56 PM PDT by lee martell
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To: datura

This is true...specifically with my MIL. She was half Chinese. Her father ruled with an iron fist. Especially with the girls. Had to fetch his pipe and slippers when he would come home from work.

When her father died...the family biz went to the son. The girls didn’t see a penny.


8 posted on 09/17/2021 9:51:19 PM PDT by RushIsMyTeddyBear (RIP my "teddy bear". )
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To: RushIsMyTeddyBear

I have had two wives from China. The lady from Xiamen was a total monster, my current (and last wife) is from near Shanghai. Lots of Chinese girlfriends in between them - I know Chinese moms very well.

It’s hard to explain real Chinese ladies to Americans - I did not understand them well for many years. (Hence the poor choices in my past.)


9 posted on 09/17/2021 10:27:31 PM PDT by datura (The voice that brought you peace has nothing left to say.)
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To: SeekAndFind

They could be building high rises for demolition


10 posted on 09/17/2021 10:27:33 PM PDT by NWFree (Somebody has to say it)
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To: datura

“I have had two wives from China. The lady from Xiamen was a total monster, ...”

Culturally, I hear the man is viewed as a financial pipeline for her family and her loyalty is to them not the husband.

Correct?


11 posted on 09/18/2021 3:04:07 AM PDT by romanesq (TRUSTY THE PLAN! ChiCom Joe is the Plan? Que magnificent! 👹)
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To: SeekAndFind

Millions of unemployed young men of military age, who cannot find wives either.... history has always had a specific solution for that.


12 posted on 09/18/2021 3:26:07 AM PDT by Moltke (Reasoning with a liberal is like watering a rock in the hope to grow a building.)
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To: SeekAndFind

CCP’s one child policy led to a male/female imbalance
Now, male yutes cannot find a job

Not a good recipe for a civil society


13 posted on 09/18/2021 5:18:03 AM PDT by Steven Tyler
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