China's Job Market

SOURCE www.breitbart.com
Chinese Communist dictator Xi Jinping acknowledges chaos in China's job market and calls for development of new sources of job growth. Youth unemployment is rising, and new university graduates are facing a shortage of high-skilled jobs.

Key Points

  • Xi Jinping admits to chaos in China's job market
  • Calls for development of new sources of job growth
  • Youth unemployment rate is at 14.7%
  • Record-breaking number of university graduates entering the job market

Pros

  • Acknowledgment of the job market chaos shows transparency
  • Focus on developing new sources of job growth

Cons

  • Lack of concrete solutions provided by Xi Jinping
  • Youth unemployment rate is high