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China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers
- China's youth unemployment reached a record high of 20.8% in May, up from the previous month.
- Retail sales in May rose by 12.7%, missing expectations set by a Reuters poll of 13.6%.
- May's industrial production grew by 3.5% YoY, slower than the 3.6% expected by analysts, and fixed asset investment rose by 4%, slower than the 4.4% predicted by Reuters.
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29 Articles
29 Articles
China announced a series of weak economic indicators this Thursday (15, Wednesday night in Brazil), with unemployment among young people reaching the highest level ever recorded for the second consecutive month, while the economy's post-pandemic growth momentum slows down. Read more (06/15/2023)
·São Paulo, Brazil
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China's factory, consumer activity weakens in May, youth unemployment rises
China's consumer and factory activity weakened in May and record-breaking unemployment among young people in cities rose as an economic rebound following the end of anti-virus controls slowed.
·Seoul, Korea (the Republic of)
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Coverage Details
Total News Sources29
Leaning Left6Leaning Right7Center13Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 23%
C 50%
R 27%
Factuality
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