China's unemployed young adults who are pretending to have jobs
China's unemployed young adults who are pretending to have jobs

China's unemployed young adults who are pretending to have jobs

China's unemployed young adults who are pretending to have jobs
China's unemployed young adults who are pretending to have jobs
That's some bullshit
I suspect it’s a case of “shit rolls downhill”.
The central government wants to prevent scam schools that don’t produce employable graduates. As a result, they penalize colleges whose graduates don’t find employment.
Instead of helping their graduates, colleges find it easier to punish them.
Seems to be a classic case of Goodhart's law turned bad.
I mean the way the article is written it literally sounds like bullshit.
"Oh they have this unwritten rule"
Really good journalism. The 14% unemployment is for ages 16-24. For comparison it's 10% in the US.
Neither of which is very meaningful considering how most people are still going to school during that age. This isn't the unemployment for people out of college and graduated. Which would be what the article is talking about. Bad to imply the statistic they used has anything to do with it.
Additionally, I wonder how much of that 4% difference is the 16-17 year olds in high school in America that have to work to support their family.
16-17 year olds being calculated in an unemployment statistic? Really? Am I old as fuck now or are these not children?
I know a lot of us normalized starting a below minimum wage job at 13 like I did. But I would hope others grow up and realize how fucked up that type of exploitation is.
Don't know how they did the calculations here, but in Norway we have statistics for unemployment that goes down to 16 year olds.
However in those statistics, a person is only considered unemployed if they are not attending school. Our equivalent of high school is not mandatory, so a few people (very few) decide to quit school and begin working at 16. Some further people are high school dropouts that get jobs at 16-19.
So basically: You're counted as unemployed if you're not in a job or education.
This is America, everyone above 14 is meat for the grinder.