China’s great jobs squeeze

In China, a construction slowdown and increasing automation in manufacturing have led to significant shifts in employment, with 53 million people now relying on low-wage jobs in food delivery and ride-hailing. This change highlights broader economic challenges and the need for a more diversified job market. Such trends underscore the importance of addressing labor market dynamics and the potential for increased social inequality if these shifts aren't managed effectively. For more details, check out the full article.