2020年5月31日星期日

China's unemployment rate is only 6% this year?

 China's unemployment rate of only 6% this year is completely wrong, there are so many people now difficult to obtain employment!

 This year has been an extraordinary year for the vast majority of the world's countries, and as a result of the world's public health events, many countries have taken urgent measures before and now, forcing businesses to shut down and shut down, leading to a huge rise in unemployment.
 U.S. unemployment is the worst of all, with U.S. unemployment rising in recent months, down 20.5 million non-farm jobs in April and rising 10.3 percentage points to 14.7 percent from a month earlier, the highest since the Great Depression of the 1930s, according to the Labor Department.


You know, the U.S. unemployment rate at the end of last year was only 3.5 percent, and now it's 15 percent. Fed Chairman Colin Powell predicts that the U.S. unemployment rate will continue to rise next, possibly reaching a high of 25 percent.
 It is in many countries that the unemployment rate has risen sharply. According to data released by the National Bureau of Statistics, the registered unemployment rate in China was 3.66% in the first quarter of this year, which is not increasing but last year.

 Of course, the registered unemployment rate does not always accurately reflect the real situation of unemployment in the country, as this data comes from the fact that the unemployed take the initiative to register unemployment with the Ministry of Labour.
 But in fact, a large part of our country will not take the initiative to register after their unemployment, so the registered unemployment rate only counted into a part of the unemployed, there is more serious data distortion.

 Therefore, China has been using the urban survey unemployment rate since the last two years, that is, through the labor force sample survey to calculate the unemployed population, including 16 years of age and above, no work but actively looking for work within three months, if there is a suitable job can start work within two weeks are counted as unemployed.
 According to a recent report on government work, the urban unemployment rate in China this year is 6%. Of course, although this data is a little more realistic than the registered unemployment rate, it is not completely accurate because it is a sample survey.

 Clearly, the unemployment rate is so low, but there are still many people who reflect that employment is difficult now, this is why?
 In fact, there is some distortion of the data, which is often reflected in surveys of unemployment rates and in certain regions, and the perceived unemployment is not reflected in the two categories.

First of all, farmers, who left the city this year, are not the object of the unemployment survey, and migrant workers return to work in the city after unemployment is not counted as unemployed. But they need to work in the city, so they are actually unemployed.
 The second is college students, perhaps now many people feel that college students after school work is very easy to find, generally, in the survey, a large number of college students will not be identified as unemployed. But the fact is that a large proportion of college students are under more pressure to find a job.

The number of college graduates reached 8.74 million this year ,400,000 more than last year, and in recent years, about 13 million new jobs have been added to cities and towns. This means that college students should not only grab jobs with those who graduated in the same year, but also compete with other people in society, and employment is also under pressure.

 My mold shop and injection molding workshop didn't lay off one, good quality and price is we are still in the lead in this industry.

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