New method, lower no: China starts publishing jobless data again
Thursday, 18 January 2024 China released youth unemployment data Wednesday for the first time since the jobless rate reached a record high in June last year, using a new approach that revealed an apparent improvement. The adjustment came when youth unemployment increased in 2023 as economy slowed. Regulatory crackdowns on sectors like as technology and education, which generally employed younger population, exacerbated job shortages.
China’s BYD , Surpasses Tesla Sales.
BYD became the largest electric vehicle
company in the world in Q4 2023, CNN reports. .
During the last quarter of the year, the
Chinese company, backed by..
Credit: Wibbitz Top Stories Duration: 01:30Published