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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]
That unemployment rate had previously climbed to records above 20%. China also reported fourth-quarter GDP figures, which were slightly below expectations, bringing 2023 growth to 5.2%.
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 has been steadily above 17%. Many are discouraged by what they perceive to be poor working conditions. [9]
As millions of Chinese college graduates have started looking for work, youth unemployment is on the rise again. China's rising youth unemployment signals the nation's economic woes are far from ...
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 ...
BEIJING — China said Monday that second-quarter gross domestic product grew by 6.3% from a year ago, missing expectations. The unemployment rate among young people ages 16 to 24 was 21.3% in ...
Current unemployment rates by country; OECD Unemployment statistics; Unemployment statistics by Lebanese-economy-forum, World Bank data; Labour and unemployment statistics by country; Thermal maps of the world's unemployment percentage rates – by country, 2007–2010