China Brings Back Youth Jobless Rate, With Rosier Number
- In December, 14.9% of people aged 16 to 24 were unemployed
- That figure now excludes students in tweaked methodology
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China said its youth unemployment rate improved in December after policymakers spent months tweaking their methodology on the figure that hit a record high last summer.
The jobless rate was 14.9% last month for those between 16 and 24 years old, the statistics department said in a statement Wednesday. That figure excluded students, and compared to 21.3% in June before the body suspended releasing such data.