Economists point to a rise in ‘hidden’ unemployment even as China’s official jobless rate remains unchanged
Firms in sectors struggling with overcapacity have been taking measures that leave workers under-employed, and one estimate shows unemployment and underemployment hitting 13.2 percent, more than triple the level of 2012. The government's official unemployment figure has been mostly unchanged since 2010 at 4.1 percent.
China in 2 minutes a day
More from SupChina
Friday, March 24
Mar 24, 2017