The unemployment rate for college grads in China right now is four (FOUR!) times higher than that for Chinese who never even finished elementary school. Four times! http://www.marketplace.org/topics...
Jeff (Team マクダジ )
liked this
:(
- Anne Bouey
Never seen this media outlet. But if the article is accurate...it's sad.
- Just another Bubba
Bubba, Marketplace is a show on NPR. Quite good.
- Scoble, Alex Scoble
Seems like there is a lot of information coming out of China predicting the downfall of their economy, and it's multi-faceted (Chinese public debt, aging society due to the 1-child/family policy, etc.). I just hope it's accurate because it's true, and not done out of some sort of wishful thinking spurred on by schadenfreude.
- Just another Bubba
Yep, Bubba, I try to be careful of cherry picking data, but the news I'm hearing from China is rarely good these days.
- Scoble, Alex Scoble