China’s youth unemployment rate climbed to a record high in August, with nearly one-fifth of young people not in school being 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 the 16-24 year-old labor force, excluding students, was 18.9 percent in August, 1.1 and 0.1 percentage points higher than in July and the same period in 2024 respectively, the highest since the data was released in December 2023.
