Skip to content

China Youth Jobless Rate Hits Record 20% in July on Covid Woes

Video player cover image
WATCH: China’s Gen Z is dejected and underemployed. Younger workers’ ambitions and salary expectations are diminishing in the wake of Covid and the tech crackdown,Source: Quicktake by Bloomberg

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

China’s youth unemployment rate hit a record in July as Covid uncertainties continued to linger and as a record number of graduates stiffened the competition.