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The statistics bureau said China’s population shrank by more than 2 million people to 1.41 billion in 2023 from the prior year. The population had declined by 850,000 people in 2022 from 2021.
Thus, the surveyed unemployment rate indicates the proportion of unemployed individuals within the labor force, not within the total population aged 16 and above. [2] For instance, a 5.0% urban unemployment rate reflects that 5 out of every 100 individuals in the labor force are unemployed, rather than 5 out of every 100 individuals aged 16 and ...
In June 2023, the percentage of jobless 16- to 24-year-olds hit a peak of 21.3%. ... China's total unemployment rate has hovered around 5% for the last few years, even through the pandemic ...
The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in history. [1]: 11.
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 able) not to work, supported by ...
Lee Ying Shan, CNBC. September 23, 2024 at 9:12 AM. Job hunters at an employment fair in Henan Province, China on Aug. 16. China ’s youth unemployment rate in August rose to the highest level ...
This is a list of OECD countries by long-term unemployment rate published by the OECD. This indicator refers to the number of persons who have been unemployed for one year or more as a percentage of the labour force (the sum of employed and unemployed persons).
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. More from CNBC