China’s youth face bleak job prospects as unemployment soars, prompt ‘top priority’ response from Xi

Quick Summary:

SHANGHAI, July 16 — At a job fair for soon-to-be graduates in central Shanghai, recruiters sat bored under washed-out ta...

Youth unemployment stood at 14.2 per cent in May, official data showed — and last month, another 11.8 million students graduated from university, adding to the bottleneck.

Murphy Cruise said he expected the government to increase wage subsidies to persuade companies to hire recent graduates, as well as create more work placements for students.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: China unemployment China youth Job fair

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 15:26:49 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 830 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 21659256

View Article Analysis

About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 7 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 19 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

Frequently Asked Questions