China predicts 25 million jobless this year

Reuters (via stuff.co.nz) reports that: “China says it expects 25 million of its people to be out of work this year, but the actual number of jobless in the world’s most populous nation could be much higher… China’s official unemployment figure only covers registered urban jobless, and analysts say the true number of people without work could be more than twice the government estimate.”

The full report is here.

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