In the first quarter of 2023, the employment sentiment index value of urban depositors in China was 39.9. Throughout the years 2018 and 2019, the index value had been around 45 which suggests that respondents' employment situation worsened during that period. In the first quarter of 2020, the index value decreased to around 38 due to the outbrek of the COVID-19 pandemic.
Employment sentiment of urban depositors in China from 3rd quarter 2019 to 3rd quarter 2023
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Respondents who answered "uncertain" were removed.
A diffusion index indicates depositors change of employment in the observed quarter. The index is derived by calculating the proportions of respondents whose "employment increased", "employment remained unchanged", and "employment decreased", and assigning the weights 1, 0.5, and 0 to them respectively. Finally the average value is calculated.
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People's Bank of China. (April 3, 2023). Employment sentiment of urban depositors in China from 3rd quarter 2019 to 3rd quarter 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1127875/china-employment-sentiment-of-urban-depositors/
People's Bank of China. "Employment sentiment of urban depositors in China from 3rd quarter 2019 to 3rd quarter 2023." Chart. April 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1127875/china-employment-sentiment-of-urban-depositors/
People's Bank of China. (2023). Employment sentiment of urban depositors in China from 3rd quarter 2019 to 3rd quarter 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1127875/china-employment-sentiment-of-urban-depositors/
People's Bank of China. "Employment Sentiment of Urban Depositors in China from 3rd Quarter 2019 to 3rd Quarter 2023." Statista, Statista Inc., 3 Apr 2023, https://www.statista.com/statistics/1127875/china-employment-sentiment-of-urban-depositors/
People's Bank of China, Employment sentiment of urban depositors in China from 3rd quarter 2019 to 3rd quarter 2023 Statista, https://www.statista.com/statistics/1127875/china-employment-sentiment-of-urban-depositors/ (last visited July 22, 2024)
Employment sentiment of urban depositors in China from 3rd quarter 2019 to 3rd quarter 2023 [Graph], People's Bank of China, April 3, 2023. [Online]. Available: https://www.statista.com/statistics/1127875/china-employment-sentiment-of-urban-depositors/
