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China (English)

September 17, 2020, Hongkong, Hongkong, China: The Hongkong unemployment rate rise to 6.1% during June to August in Hongkong,China on 17th September, 2020. Hongkong China - ZUMAt151 20200917_zia_t151_002 Copyright: xTpgx
Feature

The grotesque consequences of the jobs crisis

The situation for young people in the Chinese job market is very tense. Employment contract extensions are being abused to cut salaries. Meanwhile, the youngest job seekers have problems finding a job at all. At least there is still a small wage increase at German companies.

By Gregor Koppenburg