China’s unemployment rate for youth aged 16
China's youth unemployment rate came in at 15.3 percent in February, rising 0.7 percentage points over a month earlier, according to latest data published by the National Bureau of Statistics (NBS) on Wednesday.
According to the NBS, the jobless rate for the age group from 25 to 29 (excluding students) was 6.4 percent in February, while the jobless rate for the age group from 30 to 59 was 4.2 percent.
Starting from December, the NBS resumed the release of youth unemployment rates after a suspension caused by the NBS' adjustment of labor survey modeling and methods of statistics to better reflect the country's employment situation.
China's employment remains basically stable in the first two months of 2024, with the survey urban unemployment rate averaging at 5.3 percent, official data showed on Monday.
Currently, favorable factors for stabilizing the employment market continue to accumulate, Liu Aihua, a spokesperson from the NBS, said at a press conference on Monday.
Along with the sustained recovery of the Chinese economy, especially the services sector, and the accelerated transition of new and old growth momentums, new industries including digital economy, green economy and silver economy will continue to provide support for urban employment, Liu said.
Related articles
Judge orders man accused of opening fire outside Wrigley Field held without bail
CHICAGO (AP) — A federal magistrate judge on Monday ordered a man accused of opening fire on a busy2024-05-21Ukraine says Russia is trying to break through its defenses in the northeastern Kharkiv region
KYIV, Ukraine (AP) — Ukraine rushed reinforcements to its northeastern Kharkiv region on Friday to h2024-05-21Bayern depleted by injuries after Real Madrid loss, implications for Germany’s Euro 2024 squad
MUNICH (AP) — Bayern Munich’s Champions League semifinal loss to Real Madrid has taken a big toll on2024-05-21Arizona Cardinals agree to terms on 1
TEMPE, Ariz. (AP) — The Arizona Cardinals agreed to terms on Friday on a one-year deal with receiver2024-05-21Benedict Cumberbatch looks suave as he joins his co
Benedict Cumberbatch looked suave on Monday at the UK premiere of his upcoming psychological thrille2024-05-21Jennifer Garner, 52, reveals she had no difficulty conceiving her three kids with ex
Jennifer Garner said it was easy for her to get pregnant with the three children she shares with ex-2024-05-21
atest comment