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The Economic Times
The Economic Times
National

China's youth jobless rate rises to 17.9% amid record influx of graduates, economic slowdown

Beijing, China's youth unemployment rose to 17.9 per cent in July, the second-highest in recent years, as a record 12.7 million university graduates entered the shrinking job market amid economic slowdown, according to official data released on Wednesday.

The jobless rate for those aged 16-24, excluding students, rose three points to 17.9 per cent from 14.9 per cent in June, the data released by the National Bureau of Statistics said.

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