Free Trial

MNI BRIEF: China Suspends Youth Unemployment Survey - NBS

MNI (Beijing)

China will suspend measuring youth unemployment as it seeks to improve survey statistics in the face of changes to the economy and society, Fu Linghui, spokesperson of the National Bureau of Statistics said.

Youth unemployment, which measures those between ages of 16 to 24 has reached record levels in recent months, with June’s data print reading 21.3%.

Speaking at a press conference on Tuesday, Fu said the measure would be suspended pending further research on the definition of young people and whether students looking for a job before graduation should be included in the survey.
MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.