China
TL
As Youth Unemployment Hits New High, China Waxes Nostalgic for the “Boom Years”
['Arthur Kaufman']
China Digital Times (CDT)
China’s National Bureau of Statistics published new data on Wednesday showing that urban youth unemployment rose to a two-year high last month.
This development underscores how even in a country that censors and "optimizes" negative data, a harsh economic landscape continues to frustrate millions of Chinese youth.
After the peak in 2023, government officials suspended the publication of youth unemployment data for several months and revised their methodology to yield lower figures.
Upon hearing about the latest youth unemployment figures, Chinese netizens on Weibo and X joked about the sensitivity and unreliability of such statistics, as documented by CDT Chinese editors:Stream2024: Great news!
It especially speaks to China’s younger generation, who are grappling with an economic slowdown, record youth unemployment and tighter social controls.
['youth'
'data'
'2023'
'boom'
'unemployment'
'china'
'chinese'
'nostalgic'
'hits'
'young'
'bram'
'job'
'economic'
'high'
'waxes'
'jobs']