Economics/Class Relations

The Unemployed and semi-unemployed in China might reach 300-400M people/Newly unemployed in 7 industries

We’ve said it before when Chinese officials warn the public about something, it means that the problem can no longer be contained.
After the Chinese government released the economic data for the third quarter of 2021, the official Chinese media warned the public to be careful about the risk of “stagflation”, which means that the economy is stagnating while unemployment and inflation continue to rise.
The Chinese people are quickly finding themselves in a situation where prices for everything are rising. At the same time, China is experiencing an unprecedented wave of unemployment.

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