China's urban unemployment rate for youths rose to 18.9% in August, the worst reading since August 2025 and up from 17.9% in July, data released by the National Bureau of Statistics showed on Thursday.
(Shanghai=Yonhap News) Correspondent Cha Byeong-seop = The youth unemployment rate in China’s urban areas jumped to its highest level in a year last month.
The number of young unemployed in China has reached the highest level since the change in statistics in 2023. The actual rate is likely to be much higher.