In September, China's youth unemployment rate (aged 16-24) fell to 17.6% from 18.8% in August.

In September, China's youth unemployment rate for those aged 16 to 24 fell to 17.6%, down from 18.8% in August, marking the lowest level of the year. Despite this decline, the rate remains high, reflecting ongoing challenges in the job market, especially for new graduates. Unemployment for those aged 25-29 dropped to 6.7%, while the rate for individuals aged 30-59 held steady at 3.9%. Factory hiring confidence remains low.

October 22, 2024
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