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Tuesday, May 28, 2024

China Has a Youth Unemployment Problem Because Grads Are Waiting for Nonexistent Jobs

HONG KONG—China’s failure to reverse a sharp rise in youth unemployment is becoming a bigger headache for Beijing, with many economists saying the problem reflects a jobs mismatch that could defy government solutions for years. Joblessness among young people aged 16 to 24 rose to a record of 20.4% …

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