Youth Unemployment Trends in China: A Closer Look

China's unemployment rate for 16-to-24-year-olds, excluding college students, fell to 16.9% in November from 17.3% the previous month. The rate for 25-to-29-year-olds remained steady at 7.2%, while 30-to-59-year-olds recorded a 3.8% jobless rate, as per the National Bureau of Statistics data.

According to the latest data from the National Bureau of Statistics, China's unemployment rate among 16-to-24-year-olds, excluding college students, declined to 16.9% in November. This marks a decrease from the 17.3% registered in the previous month.

The jobless rate for 25-to-29-year-olds held steady at 7.2%, unchanged from October's figures. Meanwhile, the unemployment rate for the 30-to-59 age group was 3.8%, indicating stability within this demographic.

These statistics highlight various trends within China's labor market, which continues to face challenges amid economic fluctuations. The data provides insights into which demographic groups are most affected, underscoring the need for targeted employment policies.

(With inputs from agencies.)