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Gorman will become chairman on Jan. 2, 2025. He will succeed Mark Parker, who is leaving after serving on Disney’s board for nine years.

Unemployment among young people and college graduates jumped from 13.2% in June to 17.1% in July, as some 12 million students entered the labour marketpegasus, before the August figure rose to its highest level since the National Bureau of Statistics decided to change the methodology to not include students in December 2023.

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