Advertisement

Youth unemployment on the rise in China as more graduates enter the labour market

Joblessness among 16- to 24-year-olds reaches a high under revised calculation system that excludes students

Reading Time:2 minutes
Why you can trust SCMP
59
Competition for jobs is fierce among China’s younger generation.
Photo: Xinhua
Orange Wangin BeijingandDanielle Popovin Hong Kong
China’s youth unemployment surged to 17.1 per cent in July, the highest level in the eight months since the National Bureau of Statistics adopted a new method of counting.
Advertisement

The jobless rate for 16- to 24-year-olds – excluding students – was up from 13.2 per cent a month earlier and ended three months of declines, according to NBS data released on Friday.

Beijing introduced the revised method for December after suspending the release of youth unemployment data from July.

Under the previous approach, the jobless rate for the 16-24 age group, including students, peaked at 21.3 per cent in June.

Student numbers were then stripped out of the calculation, a change that the NBS said was to “more accurately” reflect that job-hunting was not a priority for students in China.

Advertisement

The rate for December was 14.9 per cent.

loading
Advertisement