China's urban unemployment rate in Q1 was 5.2%, down 0.3 percentage points from the previous year.
China's urban unemployment rate in Q1 stood at 5.2%, down by 0.3 percentage points from the previous year, according to the National Bureau of Statistics. The unemployment rate for 31 major cities was 5.1%, while for rural migrant workers it was 5%. The Chinese government aims to create over 12 million jobs in urban areas this year and maintain an urban unemployment rate around 5.5%.
April 16, 2024
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