China's economy is in trouble - and its youth unemployment crisis is at the heart of the problem
could be at the root of its current troubles, according to Northwestern University economist Nancy Qian.
this week."If the economy is going to grow in the long run, the government must create the conditions for job creation in high-productivity sectors, and for greater investment in higher education."record 21% of workers aged 16-24 out of a jobThat's largely been driven by the lack of high-skill and high-paying jobs in China's employment market, which have left many college graduates unable to find work.
The government has also pushed to increase China's fertility rate, which has made employers hesitant to hire younger women.
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