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Economists point to a rise in ‘hidden’ unemployment even as China’s official jobless rate remains unchanged

2 months ago
Sky Canaves
irms 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.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.