InfoAfrik.com

Reliable Africa & Global News…

China stops releasing youth unemployment rates amid economic gloom

Release of figures suspended in order to ‘optimise labour force survey statistics’, says bureau, after youth jobless figure hit record 21.3% in June

China has said it would suspend the release of youth unemployment figures, as its central bank cut a key interest rate to boost flagging growth.

Youth unemployment hit a record 21.3% in June, as a slew of disappointing figures in recent months reflected a slump in China, with its post-Covid rebound fading.

Continue reading…

About Author

Subscribe To Our Newsletter