Source: China – South China Morning PostChina’s urban youth unemployment rate rose last month to the highest level since the data set was adjusted in 2023, as career prospects for young people have weakened amid an economic slowdown.
The jobless rate for those aged 16 to 24, excluding students, rose to 18.9 per cent in August from 17.8 per cent in July, according to data released by the National Bureau of Statistics on Wednesday.
After the jobless rate for the demographic rose to an all-time high of 21.3 per cent in June 2023, Beijing…Read More