China's national urban unemployment rate for individuals aged 16 to 24, excluding students, fell to 14.5 percent in June, marking a 12-month low and the fourth consecutive monthly decline, according to data released by the National Bureau of Statistics (NBS). This decline from the previous rate of 14.9 percent reflects ongoing challenges in the youth job market despite recent policy efforts. Additionally, the unemployment rates for other age groups also showed decreases, with the 25-29 age group dropping to 6.7 percent from 7.0 percent. The data highlights persistent labor market difficulties for younger urban populations in China.
China youth jobless rate drops to 12-month low in June https://t.co/Luws7xQkND https://t.co/Luws7xQkND
In June, China’s national urban unemployment rate for 16- to 24-year-olds, excluding students, fell to 14.5 percent, which is 12-month low, and also marking the fourth consecutive monthly decline, data released by the National Bureau of Statistics (NBS) showed on Thursday. https://t.co/rLWnNcYazL
China youth jobless rate drops to 12-month low in June https://t.co/m9uDmmJzLH https://t.co/m9uDmmJzLH