China Uses New Term For Rising Unemployment

NTD Newsroom
By NTD Newsroom
February 19, 2022China in Focus
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Unemployment numbers are an indicator of economic health.

But what does that data look like in China? The Official figure is a little higher than 5-percent—a relatively normal stat that represents a healthy market.

But that number only applies to populous cities. For the rest—controversy surrounds what some have called a trick to recording the figure.