Beijing: Currently, in China, about 20 million people aged 16 to 24, are out of work in cities and towns, according to CNN calculations based on official statistics. The official data put the urban youth population at 107 million. The data does not include rural unemployment.
According to The Hongkong Post, "The youth unemployment rate in China has hit new highs this year, rising from 15.3 per cent in March to a record 18.2 per cent in April. It continued to climb for the next few months, reaching 19.9 per cent in July. The rate fell slightly to 18.7 per cent in August, but still remains among the highest ever, data from the National Bureau of Statistics showed."
