China's Youth Unemployment Rate Hits 21.3% in June, Setting Another Record High
Youth unemployment rate in China has once again reached an all-time high.
On the 17th, the National Bureau of Statistics of China announced that the youth (ages 16-24) unemployment rate in June was 21.3%. This breaks the previous record set in May (20.8%).
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The overall unemployment rate remains steady at 5.2% for the fourth consecutive month since March.
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