China is facing a growing list of problems — real estate, semiconductor bans, and labor market gyrations. The world’s second most populous country also has a major youth unemployment problem. Since the end of 2022, China’s urban youth unemployment rate has risen to 21%, as of June 2023. This is up from 15.4% just two years prior.
China is facing a growing list of problems — real estate, semiconductor bans, and labor market gyrations. The world’s second most populous country also has a major youth unemployment problem. Since the end of 2022, China’s urban youth unemployment rate has risen to 21%, as of June 2023. This is up from 15.4% just two years prior.
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