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CHINA PRESS: China Must Prioritise Youth Employment

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

China should prioritise stabilising employment by promoting economic recovery and increasing support for private and small enterprises to create more job opportunities, the Economic Daily said in a commentary. The unemployment rate of the urban labor force aged 16-24, excluding students, fell for the third month by 1% to 16.1% in November, marking the lowest level since July. However, the number of college graduates is expected to reach 12.22 million in 2025, the newspaper said, urging authorities to give top priority to youth employment.

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China should prioritise stabilising employment by promoting economic recovery and increasing support for private and small enterprises to create more job opportunities, the Economic Daily said in a commentary. The unemployment rate of the urban labor force aged 16-24, excluding students, fell for the third month by 1% to 16.1% in November, marking the lowest level since July. However, the number of college graduates is expected to reach 12.22 million in 2025, the newspaper said, urging authorities to give top priority to youth employment.