4 h. ago China’s youth jobless rate falls but remains high after record graduation season

China’s urban youth unemployment rate edged lower last month but remained at a concerning level amid ongoing struggles for many young people to find work in a challenging and crowded job market. The jobless rate for the 16 to 24 age group, excluding students, dipped to 17.7 per cent in September from 18.9 per cent in August. Financial news outlet Cailian reported the figure on Wednesday, citing data from the National Bureau of Statistics. The August figure had hit the highest level since the...

Politics

47 h. ago Hong Kong’s social work, construction sectors hit as jobless rate rises to 3.9%

Hong Kong’s jobless rate rose to 3.9 per cent between July and September, with higher unemployment in social work and construction, authorities said. Preliminary data released by the Census and Statistics Department on Monday showed the unemployment rate rose by 0.2 percentage points over the preceding three-month period. This marks the highest rate since the three-month period between July and September 2022, when it was 4 per cent. Unemployment in the food and beverage sector remained...

Society

7 d. ago China’s deflation fight drags on, amplifying calls for monetary easing

China’s consumer prices fell again in September as demand remained weak, while a slight narrowing of the fall in factory-gate prices gave a hint that Beijing’s efforts to curb involution – cutthroat intra-industry competition that pushes prices lower – could be making ground, even as economists said further monetary easing remained an option. The national consumer price index (CPI), a key gauge of inflation, fell 0.3 per cent year on year last month, according to data released by the National...

Politics

8 d. ago China youth adorn historical figures’ graves with painkillers, chocolate tributes

Young people in China have recently embraced a trend of visiting the graves of historical figures, leaving quirky tributes inspired by their lives, such as wine for poets and painkillers along with chocolates for generals. This phenomenon has sparked an online debate regarding the potential debasement of history. Following the Ching Ming Festival, history lovers have been visiting the tombs of ancient Chinese figures, documenting their journeys and sharing them online. One such enthusiast, who...

Events

2 w. ago China youth engrave motivational phrases like ‘get rich’ on dental caps, raises concerns

A new China youth fashion trend of getting tooth tattoos by engraving words like “get rich” and “ensure success” on their dental caps has trended on mainland social media. Facilitated by dental institutions across the country, which provide tailor-made word or pattern inscriptions on tooth crowns for free to attract customers, according to a report by Shangyou News. A tooth crown is an artificial cap that encases a damaged or weak tooth to restore its shape, function, strength and...

Politics

2 w. ago China’s jobless youth aren’t happy with a plan to attract foreign professionals with a new ‘K visa’

China’s jobless youth aren’t happy with a plan to attract foreign professionals with a new ‘K visa’  CNN

Politics

2 w. ago China’s jobless youth aren’t happy with a plan to attract foreign professionals with a new ‘K

China’s jobless youth aren’t happy with a plan to attract foreign professionals with a new ‘K-visa’  CNN

Politics