Tag: slowdown
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China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies, according to analysts. The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month, data from the National…