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Posted: 2025-04-13 09:18:51 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-13 09:28:10 UTC
Verified By
Rollup News
China's job market is facing unprecedented challenges, with rising unemployment rates, especially among young people. This is leading to a decline in consumer spending, a drop in marriage and birth rates, and an increase in social instability and mental health issues.
Rising unemployment rates, especially among young people
Decline in consumer spending and market vitality
Drop in marriage and birth rates
Increase in social instability and mental health issues
Economic downturn affecting businesses and job opportunities
Withdrawal of foreign companies
Layoffs in high-end manufacturing and internet industries
Decline of traditional industries
Difficulties for college graduates in finding jobs
Worsening business environment for SMEs
Cost-cutting measures by companies affecting older workers