This market is part of the Humans v Bots Battle 2024, where AI forecasters will duke it out on the most important world questions of 2024. Can you beat the bots and snag a prize? [800M subsidy]
https://www.economist.com/the-world-ahead/2023/11/13/the-chinese-communist-party-is-struggling-to-inspire-the-young: "The urban youth-unemployment rate hit a record high of 21.3% in 2023 before the statistics bureau decided to stop publishing the numbers in August... The Communist Party has repeatedly exhorted the young to embrace suffering for the sake of national rejuvenation. China’s president, Xi Jinping, says they should work in the countryside, where rural labour strengthens their sacrificial spirit. His calls for young people to “eat bitterness”, or suffer for a worthy cause, will continue in 2024."
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@jim it can't resolve No even if you don't agree with the evidence below (why not?) - it's for 2024 and it's only mid-January
pretty clear Yes, though
@shankypanky I think it resolves YES.
while the rate in cities in December was 5.1%.
I heard it didn't mention urban figure, but this was false information.
@NermitBundaloy is a bot and I'm not sure who the human managers are but hopefully we have a resolution soon.
@shankypanky https://www.bloomberg.com/news/articles/2024-01-17/china-says-youth-employment-hit-14-9-in-dec-excluding-students it talks explicitly about urban unemployment figure, of course it is reworked method, but still resolves YES.
@shankypanky Yeah employment data is entirely urban (similar to CPI in America). This was the last report before they suspendedNational Economy Showed Good Momentum of Recovery in the First Half Year (stats.gov.cn)
This is the new report: National Economy Witnessed Momentum of Recovery with Solid Progress in High-quality Development in 2023 (stats.gov.cn)
The employment by age is reported in the same format.