Youth Unemployment Surges in China: July Statistics

China's youth unemployment rate for 16-to-24-year-olds, excluding college students, hit 17.1% in July. In comparison, the rate was 6.5% for 25-to-29-year-olds and 3.9% for those aged 30 to 59. The data highlights significant age disparities in employment within the country.

China's youth unemployment rate for the age group of 16-to-24, excluding college students, stood at 17.1% in July, the national statistics bureau reported on Friday.

The unemployment rate for individuals aged 25-to-29, also excluding college students, was recorded at 6.5%, while the rate for those between 30 and 59 years of age was 3.9%.

The latest figures reveal notable age-based disparities in employment across the nation.

(With inputs from agencies.)