China'S Unemployment Rate 2024

China'S Unemployment Rate 2024. Initially benefitting from its ample supply of cheap labor from the countryside, china’s demography and labor dynamics are now changing, putting strains on the economic. China’s surveyed unemployment rate was at 5.3% in august 2024, compared with market expectations and july's reading of 5.2%.

This records an increase from the previous number of 20.800 % for may 2023. Age 16 to 24 data was reported at 21.300 % in jun 2023.