Youth Unemployment Declines in China: Positive Trends Emerge

China's jobless rate for 16-to-24-year-olds, excluding college students, decreased to 16.1% in November from 17.1% in October, according to the National Bureau of Statistics. The unemployment rate for 25-29-years-olds, also excluding students, saw a slight drop to 6.7% from 6.8%.

The youth unemployment rate in China for ages 16 to 24, excluding those currently enrolled in colleges, witnessed a marginal decline to 16.1% in November, from 17.1% recorded in October, according to official data released by the National Bureau of Statistics on Wednesday.

Additionally, those aged 25 to 29 saw a modest reduction in their unemployment rate. The figures indicate a slight drop to 6.7% from the previous month's 6.8% in the same demographic.

This positive trend in unemployment rates showcases ongoing progress within China's labor market, hinting at broader economic recovery post-pandemic disruptions.

(With inputs from agencies.)