“The decision to stop publishing youth unemployment data will not help with international investor sentiment, as it entails a deterioration in visibility,” said Carlos Casanova, senior Asia economist at Union Bancaire Privee. He had forecast the youth jobless rate to reach 22% in July, although the omission of the data suggests the actual figure was probably higher than that, he said.
This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...
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