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According to the National Bureau of Statistics of China, the unemployment rate for urban residents aged 18 to 24 surged from 17.3% to 21.3%, [55] thus highlighting a significant challenge for the Chinese job market for new graduates.
One year on, youth unemployment remains a headache, with the reconfigured jobless rate spiking to a 2024 high of 17.1% in July, as 11.79 million college students graduated this summer in an ...
(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 ...
The National Bureau of Statistics said that excluding people still in school, the unemployment rate for young people ages 16 to 24 was 14.9%, while the unemployment rate in cities in December was ...
The unemployment rates of every country throughout the world are strongly correlated with gross domestic product and rural and urban labor. [31] According to a 2017 economic study, official government statistics show that unemployment in China is unusually low relative to gross domestic product and suspiciously stable. [32]
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 ...
The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month, data from the National Bureau of Statistics showed Friday. That’s up from 17.1% in July , and 13. ...
In Japan and South Korea, youth unemployment rates were at historic lows. The U.S. Bureau of Labor Statistics reported that youth unemployment in July was 9.8%, up from 8.7% the same period last year.