China suspended publishing data on its soaring youth unemployment rate in July, saying it needed to iron out complexities in the numbers. The rate had risen every month this year and reached a record 21.3% in June.
Alibaba Group Holding’s e-commerce arm in China is hiring more than 2,000 graduates amid record youth unemployment and as authorities eased their regulatory crackdown on technology platforms.
Taotian Group, the unit which includes Taobao and Tmall, is recruiting the graduates for a range of roles including design, product and data, according to a post on its official recruitment Wechat account on Thursday. The jobs will be based in at least six Chinese cities such as Hangzhou and Shanghai.
