Unemployment in China Rises: Joblessness Rate Among Youths Surges to Record High of 21.3% in June 2023
According to data released by the National Bureau of Statistics, the unemployment rate among young people in China has risen to to a record high of 21.3 percent.
The youth unemployment rate in China has hit an all-time high in June 2023. According to data released by the National Bureau of Statistics, the unemployment rate among young people in China has risen to to a record high of 21.3 percent. Overall urban unemployment remained at 5.2 percent. Meanwhile, China's economy grew 6.3% in the second quarter of the year, lower than expected, after near-stagnant growth a year earlier. China GDP Growth: Chinese Economy Grew 6.3% in the Second Quarter, Lower Than Expected as Momentum Slows.
Youth Unemployment Rate in China Rises:
BREAKING: China's youth unemployment has risen to a record high of 21.3%
— The Spectator Index (@spectatorindex) July 17, 2023
#BREAKING China youth unemployment rises to record 21.3% in June: official data pic.twitter.com/N6Ek8dorve
— AFP News Agency (@AFP) July 17, 2023
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(The above story first appeared on LatestLY on Jul 17, 2023 09:53 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
