China resumed the release of youth unemployment data in January 2024 after publication had been suspended for six months, using a new statistical methodology. Youth unemployment hit a record high of 21.3 percent in June 2023 after having increased for several years in a row, when a spokesman of the National Bureau of Statistics of China announced that the statistical methodology for calculating age specific unemployment rates needed improvement and publication would be temporarily suspended. The new methodology does not include university students anymore, resulting in a youth unemployment rate of 13.2 percent in June 2024.
Youth jobless figures fluctuate over the year and normally peak in July in China, when the largest number of graduates enter the job market.
Monthly surveyed urban unemployment rate of people aged 16 to 24 in China from June 2021 to June 2024
Characteristic
Before adjustment of methodology
After adjustment of methodology
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National Bureau of Statistics of China. (July 19, 2024). Monthly surveyed urban unemployment rate of people aged 16 to 24 in China from June 2021 to June 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1244339/surveyed-monthly-youth-unemployment-rate-in-china/
National Bureau of Statistics of China. "Monthly surveyed urban unemployment rate of people aged 16 to 24 in China from June 2021 to June 2024." Chart. July 19, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1244339/surveyed-monthly-youth-unemployment-rate-in-china/
National Bureau of Statistics of China. (2024). Monthly surveyed urban unemployment rate of people aged 16 to 24 in China from June 2021 to June 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1244339/surveyed-monthly-youth-unemployment-rate-in-china/
National Bureau of Statistics of China. "Monthly Surveyed Urban Unemployment Rate of People Aged 16 to 24 in China from June 2021 to June 2024." Statista, Statista Inc., 19 Jul 2024, https://www.statista.com/statistics/1244339/surveyed-monthly-youth-unemployment-rate-in-china/
National Bureau of Statistics of China, Monthly surveyed urban unemployment rate of people aged 16 to 24 in China from June 2021 to June 2024 Statista, https://www.statista.com/statistics/1244339/surveyed-monthly-youth-unemployment-rate-in-china/ (last visited July 22, 2024)
Monthly surveyed urban unemployment rate of people aged 16 to 24 in China from June 2021 to June 2024 [Graph], National Bureau of Statistics of China, July 19, 2024. [Online]. Available: https://www.statista.com/statistics/1244339/surveyed-monthly-youth-unemployment-rate-in-china/