China suspended publication of its youth jobless data on Tuesday, saying it needed to review the methodology behind the closely watched benchmark, which has hit record highs in one of many warning signs for the world's second-largest economy.
This is a growing problem worldwide with increasing productivity and automation.
Now don’t get me wrong I’m not a luddite. I’m all for more investment in productivity and automation but it doesn’t mean there aren’t issues.
Lots of things need to be done and their aren’t really any easy answers. Unfortunately those with a lot and those with power have more votes, so it doesn’t look like much is going to change.
So much for the yuan becoming the world’s reserve currency.
This is a growing problem worldwide with increasing productivity and automation.
Now don’t get me wrong I’m not a luddite. I’m all for more investment in productivity and automation but it doesn’t mean there aren’t issues.
Lots of things need to be done and their aren’t really any easy answers. Unfortunately those with a lot and those with power have more votes, so it doesn’t look like much is going to change.