138
China's real youth unemployment rate could actually be close to 50% - more than double the official rate
(www.businessinsider.com)
this post was submitted on 27 Jul 2023
138 points (94.2% liked)
World News
32047 readers
547 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You also have the issue of what to do with NEET young adults. What happens if a large class of people are created that don't have a way to contribute to the economy? How are they going to be able to interact with the economy as they are going to be given the lowest social status due to their lack of work?
People shouldn’t have the lowest social status just because they don’t work, that’s the thing. We should take care of everyone’s basic needs and let people work on things they are passionate about, instead of simply treating with poverty those that don’t participate.
It is going to be hard explaining to the janitor in a job that isn't what they are passionate about that some one gets the same pay and respect as they do, but have a job they like.