Unemployment among young people aged 16 to 24 is increasing rapidly in China. In much research conducted in 2022, it was revealed that youth with an engineering degree are now forced to become babu in government offices. About 1.5 crore youth have applied for government jobs.
China has a higher unemployment rate than many of the world's largest economies. The unemployment rate here is 19.3%, while the unemployment rate in America is only half of it. It is expected that this year the number of new degree holder students coming to the job field in China is 12 million.
The government's strict policies led to layoffs in many companies
At the time of Corona, the strict policies of the government led to layoffs of employees in many companies. Due to this many people came on the road. At the same time, companies related to real estate and education have also been affected by government policies.
Army deployed at the gates of banks to prevent the withdrawal of money
Recently, many banks in China have been banned from withdrawing money. Bank of China says that the money deposited here is an investment. It cannot be removed. There are massive protests in China against this decision. The Communist government of China has taken a large number of army tanks out on the streets to prevent people from withdrawing money. In this case, on July 10, more than 1000 protesters gathered in front of the Bank of China branch in Zhongzhou, Henan, and demonstrated vigorously.
Chinese professor claims 2022 is the worst year for China's economy
In a video that went viral a few days ago, Professor Zheng Yuhuang of Beijing's Tsinghua University said that 2022 is a difficult year for China. According to Zheng, in the first quarter of 2022, 4.60 lakh companies have closed in China and 3.1 million business families have gone bankrupt. This year 1.76 crore college graduates have come out, which has created a crisis of jobs. About 80 million youth are unemployed in China.
PM Modi's Gujarat visit: PM reaches Bhavnagar, attends mass marriage program 'Papa Ki Pari'
Prime Minister Narendra Modi reached Nana Pondha in Valsad district on Sunday afternoon as part of a one-day visit to Gujarat. Here he started the BJP's election campaign by addressing a public
IPL 2024 Captains List: Who will win the title this time? Know the names of captains of all the teams participating in IPL 2024 here
Cricket fans are eagerly waiting for the date of 22 March 2024. The 17th season of IPL is going to start from this day. The craze of IPL is such that people forget their work and hide from the TV
Kangana Ranaut: 'Sometimes she is not politically correct...', what did Chirag Paswan say about Kangana?
Lok Janshakti Party President Chirag Paswan has recently spoken about BJP MP from Mandi constituency of Himachal Pradesh and actress Kangana Ranaut. Before entering politics, both of them shared the
Elections in Bangladesh in January 2024: Sheikh Hasina would like to become PM for the fifth consecutive time, said- opposition is doing money laundering
The new general election in Bangladesh will be held in January 2024. Prime Minister Sheikh Hasina Wazed has announced this. Hasina has been the Prime Minister of Bangladesh since 2009 and is a
Ebrahim Raisi: 'Can't rule out any possibility', foreign affairs expert on raisi's death
Iranian President Ebrahim Raisi was returning from East Azerbaijan. Then his helicopter crashed and everyone in it died. The whole world is shocked by the news of his demise. India's foreign
SM Krishna: PM Modi expressed grief over the death of SM Krishna, Jaishankar-Rahul and other leaders paid tribute in this way
The death of former Karnataka Chief Minister SM Krishna has caused a wave of mourning in the political world. From Prime Minister Narendra Modi to External Affairs Minister S Jaishankar dozens of
The SIT has reached the Noida Authority office in connection with the engineer's death case; statements from several departments, including fire and police, will be recorded.
The Special Investigation Team (SIT) arrived at the Noida Authority's Sector 6 office today to investigate the death of Yuvraj Mehta. Statements from those present at the scene and from relevant
Aviation Sector: One lakh people will get employment in the aviation sector, the ministry told the parliamentary committee
The Ministry of Civil Aviation has told a parliamentary committee that in the coming two years, more than one lakh people can get employment in the aviation sector of the country.
Glenn Maxwell Statement: How Glenn Maxwell scored a double century despite groaning in pain, revealed the entire planning after the historic victory
Glenn Maxwell Statement. Despite having stiffness in his leg, the Australian team's star all-rounder Glenn Maxwell created history by scoring a double century. Glenn Maxwell turned the losing match
Saw an airshow in childhood, and fell in love with the speed and sound of the plane; Know how Shubhanshu Shukla made his dream come true
Group Captain Shubhanshu Shukla, born in Lucknow, Uttar Pradesh, left for space aboard the SpaceX Falcon 9 rocket. He became the first Indian to reach the International Space Station.
