INSUBCONTINENT EXCLUSIVE:
toll on the economy and a decline in the working age population.
Some 733.5 million Chinese people were employed in 2022, according to the
The data reflects a rapid rise in the number of people retiring, likely raising pressure on Beijing to accelerate unpopular plans to raise
official retirement ages.
The drop reflects factors such as higher youth unemployment due to the pandemic as well as a shrinking number of
Science and Technology.
The number of people in China aged between 16 and 59 has been gradually declining since 2012
accelerate this year due to the end of coronavirus restrictions and a sharp drop in infections.
As a result, the number of employed people
decades at 60 for men and 55 for female white-collar workers, even as life-expectancy has risen
China experienced a baby-boom during the 1960s, meaning a large cohort of workers will fall out of the 16-59 age group over the course of
month, when a research report from Citic Securities forecasting a rise in the retirement age for women starting in 2025 sparked widespread
bureau, a trend economists see as positive for economic growth
That has slowed, though, from rates of around 6% per year reported in the 2010s.
Yu Jiadong, a vice-minister of human resources and social
