China reports big data miss in July, stops releasing youth unemployment numbers

[F-22Raptor]

BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months.

Retail sales rose by 2.5% in July from a year ago, below expectations for a 4.5% increase, according to analysts polled by Reuters.

Industrial production rose by 3.7% in July from a year ago, below the 4.4% increase analysts had expected.

Fixed asset investment rose by 3.4% for the first seven months of the year from a year ago, below the 3.8% forecast by the Reuters poll.

The urban unemployment rate ticked up to 5.3% in July from 5.2% in June.

Contrary to prior reports, the latest release did not break down unemployment by age. The age 16 to 24 category has seen unemployment far above the overall jobless rate, reaching a record high of 21.3% in June.

A spokesperson for the National Bureau of Statistics said the bureau is suspending the youth unemployment number release due to economic and social changes, and is reassessing its methodology.

China reports big data miss in July, stops releasing youth unemployment numbers

The National Bureau of Statistics report did not include the unemployment figure for young people, which has soared to record highs in recent months.

www.cnbc.com

 

[CallSignMaverick]

They've got employment in wumao firms tho

 

[VkdIndian]

China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months.

Just wait. Chinese bots will descend on this thread and declare, how the world is lying and trying to sully the image of Emperor Xi.

 

[Get Ya Wig Split]

China Stops releasing youth unemployment numbers​

You can't make this shit up! Truly pathetic @beijingwalker

 

[Mista]

A spokesperson for the National Bureau of Statistics said the bureau is suspending the youth unemployment number release due to economic and social changes, and is reassessing its methodology.

Don't visit the doctor if you don't want to know if you're sick.

 

[Kuru]

We need a YouTube video that shows that unemployment in China is 0% and that majority of Chinese work 2 jobs due to so many employment opportunities.

 

[Get Ya Wig Split]

We need a YouTube video that shows that unemployment in China is 0% and that majority of Chinese work 2 jobs due to so many employment opportunities.

@beijingwalker is already woking on it, no doubt.

 

[JSCh]

It is hilarious to watch western media get so workup for something so insignificant.

Instead of accusing China for hiding satististic, maybe exercise some introspection on why west seem so keen on kaleidoscopic way of spining China news to manipulate the narrative. I know it is too much to ask for self-reflection from west, but maybe it is finally time to do something more useful.

 

[GreatHanWarrior]

We need a YouTube video that shows that unemployment in China is 0% and that majority of Chinese work 2 jobs due to so many employment opportunities.

They've got employment in wumao firms tho

Happiness. Every Indian has a job.

@beijingwalker is already woking on it, no doubt.

I hope you and @beijingwalker can participate in such work together.

 

[Mista]

It is hilarious to watch western media get so workup for something so insignificant.

Instead of accusing China for hiding satististic, maybe exercise some introspection on why west seem so keen on kaleidoscopic way of spining China news to manipulate the narrative. I know it is too much to ask for self-reflection from west, but maybe it is finally time to do something more useful.

You're the one getting worked up lmao. The 'Western media' is just reporting the fact that China is no longer releasing youth employment numbers, which Chinese media reported as well. So is the Chinese media 'spinning news to manipulate the narrative'?

And come on, let's not act dumb here and engage in rhetoric. We all know know the reason why China is no longer releasing youth employment numbers.

 

[GreatHanWarrior]

Don't visit the doctor if you don't want to know if you're sick.

Just wait. Chinese bots will descend on this thread and declare, how the world is lying and trying to sully the image of Emperor Xi.

I hope you work together with the Indians.

 

[CallSignMaverick]

They're making an honest living, they don't have to spend whole day telling the world how big of a supa powa china is and how west is jealous of its prosperity. We know India is currently a low income developing economy that is expected to become upper-middle income in next 4-5 years. And will take decades to become a high income country for us. Unlike wumaos who're busy spamming the internet spamming how all is well in china, how people in xinjiang obey traffice rules, how Taiwan is a shithole despite 3-4 times higher income per capita than china and why china is a supa powa nobody can match.

I hope you work together with the Indians.

View attachment 946048

Happiness. Every Indian has a job.

View attachment 946044View attachment 946045
View attachment 946046


I hope you and @beijingwalker can participate in such work together.

View attachment 946047

 

[CIA Mole]

see none of u understand

statistics is bad cuz it gives ammo to foreign propaganda

so it must be removed

but here u can see picture of uyghur train station instead

 

[JSCh]

You're the one getting worked up lmao. The 'Western media' is just reporting the fact that China is no longer releasing youth employment numbers, which Chinese media reported as well. So is the Chinese media 'spinning news to manipulate the narrative'?

And come on, let's not act dumb here and engage in rhetoric. We all know know the reason why China is no longer releasing youth employment numbers.

The reason given translated "The release of urban surveyed unemployment rates by age groups such as young people will be suspended. The main reasons are: the economy and society are constantly developing and changing, statistical work needs to be continuously improved, and labor force survey statistics also need to be further improved and optimized."

I guess what that mean is that there are differences in way the statistic is calculated and reported.

it would probably not deem necessary to review or revise if it has not been hype up so much in western media.

 

[Song Hong]

College admission more than live birth in a given year.

Many humanity and social science student will destbilitze the state in weibo.

They will also eat parent 啃老。


2022年，中国出生人口为956万人，而今年的大学毕业生约为1076万，理论上18年后大学的毛入学率可达110%。日前，《中国新闻周刊》刊发了一篇文章，题为“教师过剩、高校关停，人口如何影响教育？”记者就人口出生率下降对教育体系的影响采访了北京师范大学教育学部高等教育研究院教授、中国教育战略学会区域教育分会理事乔锦忠，其中在有关高等教育的部分，乔锦忠认为，中国未来可能出现类似日本高校的“门槛大降、生源大战”的现象。

https://redian.news/wxnews/291107