u know its bullshit when they start using indian favorite bureaucratic lingo like “optimized”
Yes, I really believe that. Even if it is not true, I don't believe that statistics is really that important. Finding job for new graduate has always been an issue in China, since way before the pandemics, blowing it out of proportion is strange.
statistics? Unemployment number? lol , your shit hole can't even count how many people on a train~
West world and Indians have been predicting China's fall and India rise for decades. I can predict that the same people will still make same prediction 10 years later.As predicted.
As predicted, like a keyboard bot you didn't even read what my prediction was and declared a win.
What I saw is, westerners and Indians never changed. You have been repeating same prediction till today, regardless how your faces were slapped by realities again and again. Am I right? This thread is just one case among millions of China down preditions in recent decades.
You really are a bot. What was my prediction?
Oh do your really feel it is too abrupt if Chinese don't buy your repeatedly proven wrong "China down" news?
Did you read my post of prediction? Don't behave like a dumb bot. Read and then respond.
Youth unemployments in China is high not due to paucity if jobs and definitely nothing to do with cancelled Walmart orders. They just made too many youthBEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months.
Retail sales rose by 2.5% in July from a year ago, below expectations for a 4.5% increase, according to analysts polled by Reuters.
Industrial production rose by 3.7% in July from a year ago, below the 4.4% increase analysts had expected.
Fixed asset investment rose by 3.4% for the first seven months of the year from a year ago, below the 3.8% forecast by the Reuters poll.
The urban unemployment rate ticked up to 5.3% in July from 5.2% in June.
Contrary to prior reports, the latest release did not break down unemployment by age. The age 16 to 24 category has seen unemployment far above the overall jobless rate, reaching a record high of 21.3% in June.
A spokesperson for the National Bureau of Statistics said the bureau is suspending the youth unemployment number release due to economic and social changes, and is reassessing its methodology.
China reports big data miss in July, stops releasing youth unemployment numbers
The National Bureau of Statistics report did not include the unemployment figure for young people, which has soared to record highs in recent months.www.cnbc.com
