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China Stops Releasing Unemployment Data | Hit By Lying Flat Phenomenon

Not all is well in China. Amid a steady deterioration in the economic situation, China announced that it will halt publishing unemployment data from now on. On average about 10 million graduates enter China’s workforce every year. The acute slowdown in the country’s economic growth with falling consumption has made it tough for Beijing to absorb the freshers in the workforce. Watch the video to know more