Youth Unemployment in China Sees a Decline

According to data from the National Bureau of Statistics of China, youth unemployment in the country, specifically for the age group 16-24, decreased from 17.6% in September to 17.1% in October. In October, the unemployment rate for the age group 25-29 saw a slight increase, rising from 6.7% to 6.8%, excluding university students. The survey-based unemployment rate for the 30-59 age group in China was 3.8%.