University graduates facing increasing layoffs and rising unemployment rates

Newtalk News The first quarter of 2025 is coming to an end. How is China's economy performing? We can review the economic situation throughout the year and explain the current situation of overall social problems. According to data released by the National Bureau of Statistics of China, in February this year, China's unemployment rate continued to rise. The national urban unemployment rate in February was 5.4%, 0.2% higher than the previous mon…

University graduates facing increasing layoffs and rising unemployment rates

When Starbucks announced last month it was firing more than 1,000 corporate employees, it highlighted a disturbing trend for white-collar workers. Slow wage growth. It also fueled that long-standing discussion of economists. Is recent unemployment just a temporary development? Or will they inform something more ominous and irreversible? After sitting below 4% for more than [...] Source The post University graduates facing increasing layoffs and …