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China's total unemployment rate has hovered around 5% for the last few years, even through the pandemic. "The overall unemployment rate is just too stable, making it difficult to draw any ...
China’s economy grew 5.2% in 2023, officials said Wednesday, as they resumed reporting the unemployment rate for young people. China says its economy grew 5.2% in 2023, as it resumes reporting ...
China’s urban unemployment rate across all age categories rose 5.3% in August, compared to a 5.2% rise in July. “It’s increasingly hard for young people to find high paying jobs as before ...
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
Since January 2023, the unemployment rate among young people in China has risen. Since July 2024, the youth unemployment rate as been steadily above 17%. Many are discouraged by what they perceive to be poor working conditions. [9]
The unemployment rate for people in China ages 16 to 24, and not in school, rose to 17.1% last month, according to the latest data update Monday. That’s up from 13.2% in June.
China's labor market was highly regulated and dominated by state-owned enterprises, with an average unemployment rate of 3.7 per cent between 1988 and 1995, but this rose sharply after numerous lay-offs between 1995 and 2002, reaching an average unemployment rate of 9.5 per cent between 2002 and 2009. [32]
(China’s general urban unemployment figure—which the bureau did release on Tuesday—was 5.3% in July, up 0.1 percentage points from the month prior). Youth unemployment is now a major crisis ...