December 18, 2024 07:41 GMT
MNI BRIEF: China Youth Umemployment Rate Fell In November
MNI (BEIJING ) - China’s youth unemployment rate fell two percentage points in November, marking the lowest level since June, according to the National Bureau of Statistics on Wednesday.
The unemployment rate for the 16-24 age group (excluding students) in urban areas was 16.1%, compared with 17.1% in October and the lowest since June's 13.2%.
The unemployment rate for the 25-29 age group (excluding students) was 6.7%, edging down from 6.8% in October, and that for the 30-59 age group (excluding students) was 3.8%, same as the previous month. (See MNI: China To Issue More Bonds As Stimulus Targets Consumption)
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