South China Morning Post

Record graduate influx lifts China’s youth jobless rate to 17.9% in July

China’s youth jobless rate climbed to 17.9 per cent in July, as a record wave of university graduates enters an already crowded labour market, prompting Beijing to step up employment support. The jobless rate for those aged 16 to 24, excluding students, rose 3 percentage points from 14.9 per cent in June – the last of three straight months of contraction – according to data released by the National Bureau of Statistics on Wednesday. The rate last July was 17.8 per cent and it then climbed to...

By South China Morning Post

1 min read
Record graduate influx lifts China’s youth jobless rate to 17.9% in July
Record graduate influx lifts China’s youth jobless rate to 17.9% in July

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