China Youth Unemployment Rises in February After Data Revamp
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China’s youth unemployment rate ticked up in February as the jobs market for recent graduates remains under pressure in the world’s second-largest economy.
The jobless rate hit 15.3% last month for people aged between 16 and 24 years old, a National Bureau of Statistics database showed Wednesday. That was higher than the 14.6% rate recorded in January and the 14.9% figure from December, the first month that a reworked statistic was published after policymakers spent months tweaking their methodology.