China’s youth unemployment rate climbed to a record high in August, with nearly one-fifth of young people not in school reported as out of work. Analysts say the problem stems from structural issues in the Chinese economy, suggesting the crisis could persist for years.
The communist regime’s National Bureau of Statistics published unemployment rate data for different age groups on Sept. 17, showing that the unemployment rate of people in the labor force aged 16 to 24, excluding students, was 18.9 percent in August, 1.1 percentage points higher than in July and 0.1 percentage points higher than the same period in 2024, the highest since the data were released in December 2023.
