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Sunday, November 24, 2024

China’s Labor Problem: Youth Unemployment

China’s Labor Problem: Youth Unemployment

By Peter Zeihan

Coming to you from Colorado’s very own Stonehenge out in the Lost Wilderness. Today’s new factoid is that youth unemployment in China is higher than in Italy (in percentage terms).

For context, Italy had the worst economic profile in Europe and has averaged negative economic growth for decades. If China’s unemployment resembles Italy’s, it is a very, very bad sign…

More here >

Image by swimpuss from Pixabay

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