Description

The Urban Surveyed Unemployment Rate for the Population Aged 16 to 24 Excluding Students, published by the National Bureau of Statistics of China (NBS), is an indicator based on sample surveys conducted among the urban population aged 16 to 24 who are not students. This metric reflects the proportion of unemployed individuals within this demographic relative to the total labor force, serving as a key indicator of youth employment conditions in China.

An increase in the unemployment rate for the 16-24 non-student population typically signals growing employment pressure among Chinese youth, possibly indicating an economic slowdown or reduced demand for young labor. Conversely, a decrease in this rate may suggest an improvement in employment conditions and a strengthening of economic activity. It is noteworthy that the graduation of students aged 16 to 24 between June and July, as they transition into non-student status, often results in a seasonal rise in the unemployment rate for this group during these months.

This data is released monthly, providing insights into the fluctuations in the urban surveyed unemployment rate for the 16-24 non-student population over the previous month.

Note: In December 2023, the NBS adjusted the statistical methodology for age-grouped unemployment rates and re-released the unemployment rates excluding students, aligning the data more closely with international standards.