China's Urban Youth Jobless Rate Falls to 14.9% in June, Lowest in 1 Year
Updated
Updated · TradingView · Jul 20
China's Urban Youth Jobless Rate Falls to 14.9% in June, Lowest in 1 Year
3 articles · Updated · TradingView · Jul 20
Summary
14.9% marked the third straight monthly drop in China's urban unemployment rate for 16-24-year-olds excluding students, down from 15.6% in May and the lowest level since June 2025.
The decline signals improving youth hiring as Beijing works to stabilize the labor market, support growth and better match university training with employer demand.
7.1% was the June jobless rate for 25-29-year-olds, down from 7.2%, while unemployment for the 30-59 group eased to 4.0% from 4.1%.
5.0% was China's overall surveyed urban unemployment rate in June, down from 5.1%, though youth unemployment still remained above the 14.5% level recorded a year earlier.