BEIJING, Aug 21 (Reuters) - Rising unemployment in China is
pushing millions of college graduates into a tough bargain, with some forced to
accept low-paying work or even subsist on their parents' pensions, a plight
that has created a new working class of "rotten-tail kids".
The jobless rate for the roughly 100 million Chinese youth
aged 16-24 crept above 20% for the first time in April last year. When it hit
an all-time high of 21.3% in June 2023, officials abruptly suspended the
data series to reassess how numbers were compiled.
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