I remember Spain having traditionally a very high youth unemployment rate, just checked https://tradingeconomics.com/spain/youth-unemployment-rate and it’s 28%. Also I remember Swedish youth always struggled and there it’s similar to China with 19%.
I guess what is different is that this is new to China. Now you can’t get a job when you’re young and when you’re 35 you’re too old to work.
That’s really interesting, I hope they can bring those numbers to a better place. Youth unemployment can cause lots of social unrest, especially when there is no plan/policy in place to address it.
I remember Spain having traditionally a very high youth unemployment rate, just checked https://tradingeconomics.com/spain/youth-unemployment-rate and it’s 28%. Also I remember Swedish youth always struggled and there it’s similar to China with 19%.
I guess what is different is that this is new to China. Now you can’t get a job when you’re young and when you’re 35 you’re too old to work.
Just in case anyone else was wondering, the unemployment rate for youth (up to 24 years old) in China is 21%.
That’s really interesting, I hope they can bring those numbers to a better place. Youth unemployment can cause lots of social unrest, especially when there is no plan/policy in place to address it.