Youth Unemployment

China’s youth unemployment hits new high as fresh graduates flood market

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China’s revised youth unemployment rate rose to the highest level since the data set was reintroduced last year, as career prospects for young people dimmed amid the ongoing economic downturn. The jobless rates for the 16-24 age group, excluding students, rose to 18.8 per cent in August, the National Bureau of Statistics said on Friday, … Read more

Job Market Trends: A Complex Recovery Post-Pandemic

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Chinese Graduates and job seeker

Challenges in Developing Nations The global job market is undergoing significant changes, particularly in developing nations. Job creation struggles to keep up with the influx of new workers, leading to job market recovery challenges. Countries like South Africa face severe employment issues as millions join the workforce annually, yet job opportunities remain scarce. Signs of … Read more