More actions
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 325: | Line 325: | ||
As of January 2023, The People's Republic of China has an overall historic unemployment rate of around 4-5%,<ref>[https://www.macrotrends.net/countries/CHN/china/unemployment-rate China unemployment rate 1991 - 2023], macrotrends</ref> compared to the [[Statesian]] historic unemployment rate of around 5-6%.<ref>[https://www.macrotrends.net/countries/USA/united-states/unemployment-rate US Unemployment Rates 1991 - 2023], macrotrends</ref> This is high in comparison to the economy of, for example, the USSR, which generally had stable employment opportunities for young workers, and also had an unemployment rate of about 1%.<ref>{{News citation|newspaper=1991 CIA WORLD FACTBOOK|title=Soviet Union Economy - 1991|date=1991|url=https://www.theodora.com/wfb1991/soviet_union/soviet_union_economy.html|retrieved=2022-7-9}}</ref> | As of January 2023, The People's Republic of China has an overall historic unemployment rate of around 4-5%,<ref>[https://www.macrotrends.net/countries/CHN/china/unemployment-rate China unemployment rate 1991 - 2023], macrotrends</ref> compared to the [[Statesian]] historic unemployment rate of around 5-6%.<ref>[https://www.macrotrends.net/countries/USA/united-states/unemployment-rate US Unemployment Rates 1991 - 2023], macrotrends</ref> This is high in comparison to the economy of, for example, the USSR, which generally had stable employment opportunities for young workers, and also had an unemployment rate of about 1%.<ref>{{News citation|newspaper=1991 CIA WORLD FACTBOOK|title=Soviet Union Economy - 1991|date=1991|url=https://www.theodora.com/wfb1991/soviet_union/soviet_union_economy.html|retrieved=2022-7-9}}</ref> | ||
Although GDP growth was at its peak in the 1960s, China experiences consistent GDP growth, and China outpaces the US in terms of GDP growth. | Although GDP growth was at its peak in the 1960s, China experiences consistent GDP growth, and China outpaces the US in terms of GDP growth.<ref>{{Web citation|newspaper=macrotrends|title=China GDP Growth Rate 1961-2022|date=2022|url=https://www.macrotrends.net/countries/CHN/china/gdp-growth-rate|retrieved=2022-12-06}}</ref> | ||
=== Mode of production === | === Mode of production === |