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China's youth unemployment rate reached 17.1% in July, with employers holding off on hiring.
China's youth unemployment rate reached 17.1% in July, with 16-24-year-olds experiencing a surge in unemployment, as employers in the country hold off on hiring.
This comes amidst a string of poor economic indicators, prompting analysts to predict a prolonged period of sluggishness for China's economy.
The service sector employment rose at its fastest pace in 11 months in July, offering some optimism.
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La tasa de desempleo juvenil en China alcanzó el 17,1% en julio, y los empleadores se retrasaron en contratar.