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Youth unemployment in China jumps to 17.1% in July (www.voanews.com)

submitted 2 months ago by [email protected] to c/world

37 comments fedilink hide all child comments

Youth unemployment in China ticked up to 17.1% in July, official figures showed, the highest level this year as the world's second-largest economy faces mounting headwinds.

China is battling soaring joblessness among young people, a heavily indebted property sector and intensifying trade issues with the West.

Chinese Premier Li Qiang, who is responsible for economic policy, called Friday for struggling companies to be "heard" and "their difficulties truly addressed," according to the state news agency Xinhua.

The unemployment rate among 16- to 24-year-olds released Friday by the National Bureau of Statistics (NBS) was up markedly from June's 13.2%.

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[–] [email protected] 7 points 2 months ago (1 children)

Women is a touchy topic, it is well understand that there's surplus of women in urban cities while there's a shortage in rural areas.

[–] mohammed_alibi 5 points 2 months ago (1 children)

Yep! There's a surplus of educated women, who are too educated / accomplished in their careers to want to marry uneducated rural men. And many of them also deferred marriage for their education and career and thus became a bit too old to bear children. All of this just exacerbates the male to female ratio problem in China, which is also a huge problem for China's demographics.

China is going to shrink in population, Japan, Korea, Taiwan also have these problems.

[–] [email protected] 2 points 2 months ago

Almost all non-african countries are projected to shrink or plateau in population by 2100, according to UN estimates. (These estimates cannot account for the unexpected, obviously.)

Image shamelessly stole from: https://www.reddit.com/r/dataisbeautiful/comments/1evz9a7/oc_un_prediction_for_most_populous_countries_eu/