China’s Economy Is in Serious Trouble

silence7@slrpnk.net to World News@lemmy.world – 85 points –
Opinion | China’s Economy Is in Serious Trouble
nytimes.com
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"Sir, our youth unemployment rate is 25%! What should we do?"

"Easy, just stop reporting it. If we don't know what it is then it's not a problem we have to deal with"

Brilliant

Works for America

We just change the calculation. If 25% are unemployed, what if we added a stipulation that they also received a survey from the last job they applied to on whether they were employable. See? We can drop unemployment by calling people unemployable and ignoring those that didn't apply for a job! Math!

Sir, our youth unemployment rate is 25%! What should we do?"

If iirc, unemployed chinese youth below 30 yo, were considered " Students " now. Don't know if that's still used though.