China’s youth jobless rate hits 11-month high in July
8 Articles
8 Articles
China's youth jobless rate rises to 17.9% amid record influx of graduates, economic slowdown
China's youth unemployment reached 17.9 percent in July, a significant increase. A record 12.7 million graduates entered a struggling job market this year. Economic slowdown and automation are contributing factors to this job crunch. Many graduates are pursuing further studies or public sector jobs for security. The government is implementing measures to support youth employment opportunities.
(Beijing=Yonhap News) Correspondent Kim Hyun-jung = China's youth unemployment rate has soared to its highest level in 11 months due to the full-scale entry of university graduates into the job market.
China’s youth jobless rate hits 11-month high in July
BEIJING, Aug 19 (Reuters) - China's urban unemployment rate for youths in July rose to 17.9%, data released by the National Bureau of Statistics showed on Wednesday, the worst reading since August 2025 and up from 14.9% in June. For people a...
As China's economy continues to slump, unemployment, especially among youth, remains high. The latest official data shows that in July, the youth unemployment rate rose to 17.9%, 3% higher than the previous month, reaching a new high since September of last year and the highest for the same period in nearly three years.
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