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Since 2018, China's youth unemployment rate has increased significantly, peaking at 20.8 percent in May 2022. [14] [15] Youth unemployment has stayed elevated since early 2022 as Covid disruptions and a property slump added to already existing structural problems in the labor market. [16]
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 ...
Chinese officials said they would temporarily stop publishing the youth unemployment rate, ... Fu said that in 2022, China had 96 million people between the ages of 16 and 24, over 65 million of ...
According to preliminary data released by the authorities, China's GDP in 2023 was CN¥126.06 trillion (US$ 17.89 trillion [ 31 ]) with a real increase of 5.2% than the last year. [ 32 ][ 33 ] China is the world's largest manufacturing economy and exporter of goods. [ 34 ]
Commerce ministry data shows that actual utilized new foreign direct investment for 2023 was 1.1 trillion yuan ($155 billion), 8% lower than in 2022, despite consistent messaging from China’s ...
China’s economy grew 5.2% in 2023, officials said Wednesday, as they resumed reporting the unemployment rate for young people. ... The population had declined by 850,000 people in 2022 from 2021.
Women have been a major labor presence in China since the People's Republic was established. Some 40–45 percent of all women over age 15 are employed. China's estimated employed labor force in 2005 totaled 791.4 million persons, about 60% of the total population. During 2003, 49% of the labor force worked in agriculture, forestry, and fishing ...
Unemployment for Chinese young people between the ages of 16 and 24 spiked to 17.1% in July, forcing a new class of (often) overeducated graduates to compete for low-wage jobs. ... China's own ...