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MNI BRIEF: China’s October Youth Employment Rate Remains High

MNI (Singapore)
(MNI)Beijing
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China's October youth unemployment rate 1(6-24 years old labor force) excluding students was 17.1%, a still high level as the economy continues to recover, data issued by National Bureau of Statistics Monday showed.

The rate was lower than 17.6% in September and 18.8% in August, but still the third highest this year and much higher than the 5% overall unemployment rate, the data showed.(see:MNI EM: China Domestic Stimulus Needed To Counter Trump-Advisors)

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China's October youth unemployment rate 1(6-24 years old labor force) excluding students was 17.1%, a still high level as the economy continues to recover, data issued by National Bureau of Statistics Monday showed.

The rate was lower than 17.6% in September and 18.8% in August, but still the third highest this year and much higher than the 5% overall unemployment rate, the data showed.(see:MNI EM: China Domestic Stimulus Needed To Counter Trump-Advisors)

Keep reading...Show less