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China suspends youth jobless data after record high readings
(www.reuters.com)
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this post was submitted on 15 Aug 2023
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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.