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China’s youth unemployment falls for sixth consecutive month in February
But young job-hunters say they are still struggling to find work in a testing post-holiday labour market amid rising global economic uncertainty
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Xinyi Wuin Beijing
China’s urban youth unemployment rate fell in February for the sixth consecutive month, though the marginal improvement provides little reprieve for jobseekers in a challenging post-holiday labour market.
The jobless rate for the 16-to-24 age group, excluding students, edged down to 16.1 per cent in February from 16.3 per cent in January, according to data released by the National Bureau of Statistics on Thursday.
The figure has been gradually declining since August, when a record 12.2 million university graduates entered the job market and pushed the jobless rate to 18.9 per cent – the highest level since students were excluded from the data in December 2023.
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