double-skinned crabsVietnamese crab exporter
Advertisement
China jobs
EconomyEconomic Indicators

What is China’s youth unemployment rate, which hit a record high in April, and why does it cover ages 16 to 24?

  • The unemployment rate for the 16-24 age group in China hit a record high of 20.4 per cent in April, after rising from 19.6 per cent in March
  • Rising youth joblessness is one of Beijing’s biggest headaches, threatening the top leadership’s bottom line of ensuring social stability

3-MIN READ3-MIN
4
A record 11.58 million college graduates – equivalent to the population of Belgium – are set to enter China’s job market this year. Photo: VCG via Getty Images
Mia Nurmamat

What is China’s youth unemployment rate?

China’s youth unemployment rate refers to the percentage of unemployed people who are between the ages of 16 and 24 with the “ability” and “willingness” to work.

It is a key indicator for Beijing to gauge social stability and economic growth.

China’s youth unemployment rate hit a record high of 20.4 per cent in April, after rising from 19.6 per cent in March.
Select Voice
Select Speed
1x
AI-generated voice