China's real youth unemployment rate could actually be close to 50% - more than double the official rate - eviltoast
A professor in China estimated that if non-students not actively seeking work were included, the youth jobless rate in March was as high as 46.5%.
  • BartsBigBugBag@lemmy.tfEnglish
    2614·
    1 year ago

    I would kill for the wage increases the average Chinese person has seen over the last decade.

    • Bondrewd@lemmy.worldEnglish
      1817·
      1 year ago

      Then move to China :) You can become an average Chinese person tomorrow, see how that turns out for you.

      • ghost_laptop@lemmy.mlEnglish
        73·
        1 year ago

        You wish, it is not easy moving to China, otherwise I would have done it already. T.T

      • zephyreks@lemmy.caEnglish
        22·
        1 year ago

        Average white guy in a Chinese city lives the life.

        The real problem is in some of the poorer rural areas and low-tier cities.

    • anewbeginning@lemmy.worldEnglish
      412·
      1 year ago

      You start from a smaller baseline increases are easier. The Chinese economy has very serious problems.

      • ghost_laptop@lemmy.mlEnglish
        85·
        1 year ago

        Yeah, sure, they have so many homeless people and a decaying infrastructure ah right that is the US.