Search For "corporate layoffs"
Marriage in China: Young people reject tying knot, but why?
Updated : 3 years ago IST
China's slow economy, high unemployment rate and the wave of corporate layoffs have become major decision drivers in the younger generation's lives that they continue postponing major life decisions and contribute to a record-low marriage rate.
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Corporate layoffs major threat to Chinese economy amid unemployment crisis
Updated : 3 years, 2 months ago IST
According to the most recent data from China's National Bureau of Statistics, the urban youth unemployment rate reached 20 per cent in April 2023 for the first time since statistics became available in January 2018, according to Greek City Times.
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