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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]
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 ...
In 2008, the unemployment rate of graduates was more than 30%. [32] In this year the unemployment rate of graduates from top universities was 10%. [33] In 2009, the employment rate of graduates who had bachelor's degree was in the 88% range. [34] In 2010, the employment rate of college graduates rose 3.2% in 2009 reaching 91.2%. [35]
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 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.
Then last month, Zhang Dandan, a professor of economics at Peking University, estimated that the country’s youth unemployment rate could be as high as 46.5% if one were to include those “lying ...
China's unemployment landscape has become a pressing concern, particularly among its youth. Official figures indicate a relatively stable urban surveyed unemployment rate of 5.0% as of late 2024, with annual unemployment projected to decline slightly from 5.2% in 2023 to 5.1% in 2024. However, youth unemployment paints a more troubling picture.
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. But China's tweaks to its own figures to exclude students have made ...