China's urban unemployment rate decreased 0.1% to 5.2% (Jan-Aug 2024) compared to 2023, with a slight August uptick to 5.3%.

China's average urban unemployment rate was 5.2% from January to August 2024, a slight decrease of 0.1 percentage points compared to the same period in 2023, as reported by the National Bureau of Statistics on September 14. While this indicates overall stability and potential recovery from the pandemic, August saw a slight uptick to 5.3%. The data suggests that government policies may be positively impacting employment.

September 14, 2024
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