Youth unemployment in China ticked up to 17.1% in July, official figures showed, the highest level this year as the world’s second-largest economy faces mounting headwinds.
China is battling soaring joblessness among young people, a heavily indebted property sector and intensifying trade issues with the West.
Chinese Premier Li Qiang, who is responsible for economic policy, called Friday for struggling companies to be “heard” and “their difficulties truly addressed,” according to the state news agency Xinhua.
The unemployment rate among 16- to 24-year-olds released Friday by the National Bureau of Statistics (NBS) was up markedly from June’s 13.2%.
Too many people. Not enough jobs. Too many people not able to retire.
And also no women for a lot of young men. Only way is to put all those young unemployed men in the army, and start a war somewhere, Taiwan first. Unfortunate…
Women is a touchy topic, it is well understand that there’s surplus of women in urban cities while there’s a shortage in rural areas.
Yep! There’s a surplus of educated women, who are too educated / accomplished in their careers to want to marry uneducated rural men. And many of them also deferred marriage for their education and career and thus became a bit too old to bear children. All of this just exacerbates the male to female ratio problem in China, which is also a huge problem for China’s demographics.
China is going to shrink in population, Japan, Korea, Taiwan also have these problems.
Almost all non-african countries are projected to shrink or plateau in population by 2100, according to UN estimates. (These estimates cannot account for the unexpected, obviously.)
Image shamelessly stole from: https://www.reddit.com/r/dataisbeautiful/comments/1evz9a7/oc_un_prediction_for_most_populous_countries_eu/
They’ll probably force women to marry at some point.
Imagine a world where the people rose up against all governments at once.
Stop, you’re getting me excited.