China has set the surveyed urban unemployment rate at around 5.5 percent for 2025, which is necessary for providing more support to stabilize employment, according to a government work report ...
This change in reporting structure made it look like the rate experienced a significant drop. 2. Investors and analysts use China’s youth unemployment rate to gauge what’s happening in the ...
But many argue the true number of jobless is much higher. Although China's economy has been struggling, the unemployment rate remains relatively low. The rate is based on urban employment.
The jobless rate ... in China's urban areas, Dan Wang, chief economist at Hang Seng Bank China has estimated. However, speaking with BBC, she said that the issue of youth unemployment “demands ...
On top of that, China can't seem to get its young college graduates into the workforce. The youth unemployment rate in China for those aged 16 to 24 rose to a record 21% as of May 2023 ...
BEIJING, March 5 (Xinhua) -- China has set the surveyed urban unemployment rate at around 5.5 percent for 2025, which is necessary for providing more support to stabilize employment, according to ...