China’s youth unemployment crunch deepens as record graduation season looms

Source: China – South China Morning PostDespite China’s stronger-than-expected first-quarter economic growth, young jobseekers found little respite as March brought a rise in youth unemployment across urban areas, snapping six straight months of decline.
The jobless rate for the 16-to-24 age group, excluding students, edged up to 16.9 per cent in March from 16.1 per cent in February, according to data released by the National Bureau of Statistics on Tuesday.
The job market, weighed down by deflationary pressures and external…Read More

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