Youth unemployment in China continues to rise.

in cn •  2 years ago 

The unemployment rate among young people in China continued to climb. In May, the unemployment rate among young people aged 16 to 24 rose to 20.8%, an increase of 0.4 percentage points from the previous month, setting a new high. According to the news released on the official website of the National Bureau of Statistics of China on Thursday (June 15), the national urban survey unemployment rate in May was 5.2%, which was the same as that of the previous month; the surveyed unemployment rate of the labor force aged 16 to 24 and 25 to 59 was 20.8% respectively. %, 4.1%. Among them, the unemployment rate of the labor force aged 16 to 24 rose by 0.4 percentage points from 20.4% in April. Fu Linghui, spokesperson of the National Bureau of Statistics of China and director of the Department of Comprehensive Statistics of the National Economy, said at a press conference that the youth unemployment rate is high in general. In terms of the total number, according to preliminary estimates, the total number of young people aged 16 to 24 in May was about 96 million.
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