China: Manufacturing PMI - Employment

Macro

2026-08-31

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update

AI Data Insight

China's August 2026 Manufacturing PMI Employment Index dropped to 48.7%, down from the previous value of 49.0%. Although the overall manufacturing PMI beat market expectations by rebounding to 49.8%, the employment indicator remains below the boom-or-bust line amid unresolved pressures on small and medium-sized enterprises (SMEs), reflecting that expansion momentum has yet to transmit to the job market.

AI Data Insight

China's August 2026 Manufacturing PMI Employment Index dropped to 48.7%, down from the previous value of 49.0%. Although the overall manufacturing PMI beat market expectations by rebounding to 49.8%, the employment indicator remains below the boom-or-bust line amid unresolved pressures on small and medium-sized enterprises (SMEs), reflecting that expansion momentum has yet to transmit to the job market.

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update