China Youth Jobless Rate Hits Record High Under New Methodology
China's youth unemployment rate climbed to a record high under Beijing's revised data methodology that excludes students, according to official figures released Wednesday.
The jobless rate for 16- to 24-year-olds rose to 18.9% in August, up from 17.8% in July and surpassing the previous peak of 18.8% set in August 2024, the National Bureau of Statistics said.
China's statistics bureau suspended the release of the youth unemployment rate in June 2023, after it surged to a record high of 21.3%. It later revised its methodology to exclude young people still studying at universities or other schools.
Data under the new methodology have been released since December 2023, and the jobless rate still hit high levels during the summer graduation season despite the change.
In August, the urban unemployment rate across all age groups edged up to 5.3% from 5.2% in July, according to the statistics bureau.
Write to Singapore Editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
September 17, 2025 04:31 ET (08:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
3 Stocks to Sell and 3 Stocks to Buy for October
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
The 10 Best Companies to Invest in Now
10 Top-Performing US Dividend Stocks
United States