Chinese youth unemployment at 16.9%
China's unemployment rate for 16-to-24-year-olds held at 16.9% in March 2026, while the 25-to-29 cohort hit a record high of 7.7%.
Snapshot · The Prof G Pod with Scott Galloway
China Decode: Why China Got Locked Out of SpaceX and America’s Biggest IPOs (ft. Ed Elson)
Explore episode
Jun 16, 2026
Where this was said
Sponsor Reads: Gusto, Aven, Ferragamo
At 55:39 · chapter starts 45:52
The second sponsor break covers three distinct products. Gusto pitches its all-in-one payroll and HR platform for small businesses, offering 3 months free on first payroll. Aven makes a striking pitch around the $1 trillion in US credit card debt carrying 23%+ interest rates, positioning its home equity Visa card as a dramatically cheaper alternative. Ferragamo closes the break with a Father's Day-themed ad for its fragrance and shoe collections.
ByteDance revenue $186B in 2025
ByteDance generated an estimated $186 billion in revenue in 2025, slightly exceeding Meta's revenue in the same period.
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