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CN Youth Jobless Rate Drops to 14.5% in Jun, Logging 4-mth Downfall, New Low YTD
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China's National Bureau of Statistics (NBS) released unemployment rate statistics by age group for June. The unemployment rate of the country for the 16-24 age group in urban areas, excluding students, was 14.5%, down 0.4 ppts from May. Notably, the unemployment rates for the 16-24 age group in urban areas, excluding students, declined for four consecutive months. AASTOCKS Financial News Website: www.aastocks.com |
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