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Hung Yuan: Record-High Unemployment Insurance Spending Reveals Soaring Unemployment in Mainland China

Newly released data shows that from January to May this year, the national unemployment insurance fund expenditure reached 88.08 billion yuan, setting a record high for the same period since 2013. [Photo: A crowded spring job fair in Yantai City, Shandong Province, on February 6, 2025. (AFP via Getty Images)]
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Newly released data shows that from January to May this year, the national unemployment insurance fund expenditure reached 88.08 billion yuan, setting a record high for the same period since 2013. [Photo: A crowded spring job fair in Yantai City, Shandong Province, on February 6, 2025. (AFP via Getty Images)]

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大纪元 Epoch Times broke the news in New York, United States on Saturday, July 11, 2026.
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