Jobs
China’s Rising Youth Unemployment Needs Attention, Official Says
A job fair in Yibin, China.
Source: AFP/Getty ImagesThis article is for subscribers only.
China’s rising youth unemployment rate needs more scrutiny, a government official warned, as a weak labor market continues to weigh on growth in the world’s second-largest economy.
“Judging from the situation in the first quarter, including the situation in March, the youth unemployment rate has still increased slightly,” Sheng Laiyun, deputy director of the National Bureau of Statistics, said Tuesday without clarifying which time period he was referring to.