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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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They need to learn to how juke the stats like we do in the US.
No such thing as a bad number a little massaging can't fix IMHO
"Inflation seems really bad"
"But TVs are cheap now right"
"Yeah, but--"
"And every household needs, like, at least four TVs right? And people probably buy roughly 3 new TVs a year, right?"
"But what about food and housing and--"
"Bro they are saving so much on TVs it makes up for it! Call it 2% for the year, done"
"I have to work 3 jobs to make rent and health insurance"
"But look at the numbers! We're almost at full employment! Isn't that great?"