Well, that how China can offer cheap labor.
I would kill for the wage increases the average Chinese person has seen over the last decade.
Then move to China :) You can become an average Chinese person tomorrow, see how that turns out for you.
You wish, it is not easy moving to China, otherwise I would have done it already. T.T
Immigrants to China can’t become citizens FYI. Dumb argument.
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.
You start from a smaller baseline increases are easier. The Chinese economy has very serious problems.
The whole globe is in the throes of a global financial and economic crisis, guy.
Yeah, sure, they have so many homeless people and a decaying infrastructure ah right that is the US.
How are their internet boards looking? I’ve noticed a kind of weird way to tell what’s going on on the street is to observe actions of the population. Brazil has a very high youth unemployment. Most of the edge lord NEET boards are full of Brazilian kids.
I wonder how this compares to other countries when you use the same broader definition. The article only compared it to overall US unemployment which is useless to be honest.
That and this is for 16-24 year olds. In the US, this would include high school and college. Full time employment is not expected and can be frowned on for detracting from study time.
America counts 16-24 as well, and I think these numbers include part-time work. Part-time work in America during these years is not frowned upon. Besides, your hypothesis implies the rate should be higher in America when it is not. So I’m a bit confused by your point!
Reading between the lines, this is a story about China’s youth giving up on employment but IMO, that’s a post-university phenomena, so why talk about the 16-22 cohort?
The US rate isn’t higher because, like China’s official numbers, it only really includes people actively looking for work.
