Unemployment

New Business

China seeks more jobs, more FDI as external pressures threaten economy in 2025

China has pledged to create more jobs and boost foreign investment as the world’s second-largest economy braces for external uncertainties…

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New Business

China announces 5% GDP growth, population drop at press conference

The National Bureau of Statistics (NBS), China’s chief governmental data compiler, is holding a press conference on Friday morning. At…

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New Business

Opinion | China’s work culture must change to give young people hope again

As the new year unfolds and people return to thoughts of work, it is an opportune time to look at…

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New Business

China’s controversial jobless rate needs to be reformed, scholar urges

China should strive to improve its unemployment statistics, as these are key to better capturing the country’s economic reality and…

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New Business

Opinion | Why upskilling is so important for China’s workforce

For decades, the story of China’s economic dynamism has been characterised by growth and progress. Today, however, the world’s second-largest…

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New Business

China’s small businesses gasp for air as consumption slump deepens

Two years ago, as China began to roll back its pandemic restrictions, Ella Chen spotted a tasty opportunity. Having lost…

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New Business

China’s youth-unemployment pressure eases as index falls for third straight month

China’s youth-unemployment pressure showed signs of easing in November as rates declined for the third consecutive month, according to official…

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New Business

US Federal Reserve set to cut interest rates as Trump prepares for second term

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday…

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New Business

Youth unemployment on the rise in China as more graduates enter the labour market

Under the previous approach, the jobless rate for the 16-24 age group, including students, peaked at 21.3 per cent in…

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New Business

Opinion | Why World Bank action on looming jobs crisis points to a better way

During the next 10 years, the bank suggests, an unprecedented 1.2 billion young people in the Global South will become…

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