China youth unemployment edges up in February: official data

Beijing (AFP) Mar 20, 2024

China's youth unemployment rate rose slightly in February, official data showed Wednesday, as policymakers in the world's second-largest economy work to ease mounting fears of a downturn. After youth joblessness soared to 21.3 percent in June last year, the National Bureau of Statistics (NBS) stopped releasing monthly figures, then resumed in December under revamped calculation criteria.