What's China's real unemployment rate?
According to China’s National Bureau of Statistics, the national urban unemployment rate was 5.2% in April. However, based on the methodology developed by a group of Chinese finance professionals in 2017 and using the most recent data, China has over 200 million people unemployed, and the national unemployment rate is over 26%. Unemployment in urban areas is over 50%. Lei compares rural vs. urban, China vs. U.S. data.
1. China’s labor force
2. China’s real unemployment rate
3. Compare rural vs. urban & China vs. U.S.
4. Summary of findings
Sign up for my emails: https://leisrealtalk.com/
Donation: https://donorbox.org/support-lei-s-real-talk-support-lei
Ideas/Suggestions: Leisrealtalk@gmail.com
References:
https://www.gov.cn/zhengce/2022-03/22/content_5680376.htm
https://www.ndrc.gov.cn/fgsj/tjsj/jjsjgl1/202301/t20230131_1348088.html#:~:text=2022%E5%B9%B4%E6%9C%AB%EF%BC%8C%E5%85%A8%E5%9B%BD%E4%BA%BA%E5%8F%A3%E4%B8%BA,%E5%B9%B4%E5%A2%9E%E5%8A%A027%E4%B8%87%E4%BA%BA%E3%80%82
https://cj.sina.com.cn/article/detail/1010236564/275893
http://www.moe.gov.cn/fbh/live/2023/55167/mtbd/202303/t20230324_1052473.html?ivk_sa=1023197a
#china #unemployment #unemploymentrate
-
11:53
Lei's Real Talk
19 hours agoThe bat woman of Wuhan and the origin of COVID
381 -
1:49:48
Glenn Greenwald
7 hours agoPresidential Immunity's Long History; Hysteria Radically Distorts SCOTUS Ruling; Dem Oligarchs Forcing Biden Out of 2024 Race | SYSTEM UPDATE #292
85.6K80 -
57:12
Havoc
7 hours agoCelebrating Independent Artists | Stuck Off the Realness Ep. 3
42.1K2 -
1:14:02
Donald Trump Jr.
13 hours agoMedia Plays Dumb on Biden Decline, Interview with Alex Marlow! | TRIGGERED Ep.151
101K105 -
1:47:01
2 MIKES LIVE
7 hours ago2 MIKES LIVE #86 NEWS BREAKDOWN WEDNESDAY, WITH SPECIAL GUEST JOY PULLMANN!
36.6K1 -
2:28:04
WeAreChange
7 hours agoBiden BANKROLLERS Want Return On THEIR INVESTMENT, Order JOE TO GO!
64.6K21 -
16:24
China Uncensored
7 hours agoChina's Economy is in Ruins—Local Debt Out of Control
34.7K40 -
13:40
Brad Polumbo
14 hours agoWoke TikTokers LOSE THEIR MIND Over Conservative Supreme Court Win!
39.8K24 -
1:14:46
ReasonTV
13 hours agoAndy Mills: Quitting The New York Times and making 'The Witch Trials of J.K. Rowling'
32.5K2 -
1:08:15
Kimberly Guilfoyle
13 hours agoFurry Friends Special: The Power & Purpose of Animal Rescue w/Jason Gluck, Meg Weinberger & John Rourke | Ep. 139
40.9K26