China: Adult Employment rates Heighten as Youth joblessness Surges to 17.8%

Abiola Olawale
Writer

Ad

OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet

OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil production by half a million barrels per day. In a statement from Vienna on Tuesday, the OPEC Secretariat called the claims “wholly inaccurate and misleading,” stressing that discussions among ministers for the upcoming meeting haven’t…

Ranked: Countries Losing the Most (and Least) from Trump’s Tariffs

Trump’s tariffs are hitting all of America’s major trading partners. But in U.S. trade, what matters isn’t just the tariffs a country faces—it’s how they stack up against competitors. This visualization, made with the Hinrich Foundation, shows which countries are losing the most, and the least, from Trump’s tariffs. The data seen here is sourced from…

Emergency in Rivers: Romancing impunity?, By Ebun Olu-Adegboruwa 

By Ebun-Olu Adegboruwa, SAN “I urge every Nigerian home and abroad to try and live within the confines of the law of the land and the Constitution of the Federal Republic of Nigeria. If we are able to do just that, we will be sure of ensuring that peace and unity reign in the country.…

Ad

By Obinna Uballa

China’s youth unemployment rate surged to 17.8% in July, highlighting persistent strains in the world’s second-largest economy despite recent government measures to spur growth.

Figures released Tuesday by the National Bureau of Statistics (NBS) showed joblessness among those aged 16 to 24, excluding college students, rose sharply from 14.5% in June.

The unemployment rate for young adults aged 25 to 29 also ticked higher, reaching 6.9% compared with 6.7% a month earlier. In contrast, the jobless rate among 30- to 59-year-olds eased slightly to 3.9% from 4.0%.

The rise underscores the uneven nature of China’s recovery, with younger workers bearing the brunt of weak labour demand. A record number of college graduates entered the job market this summer, intensifying competition at a time when private firms remain cautious about hiring amid sluggish consumer spending, property market woes, and muted investor confidence.

The NBS had last year suspended publication of youth unemployment figures following criticism over record highs above 20%. The resumption of the data series earlier this year was seen as a move to restore transparency, though authorities continue to stress that excluding full-time students provides a clearer picture of the job market.

China’s broader economy has struggled to regain pre-pandemic momentum. Growth has been hampered by a prolonged property downturn, weak exports, and subdued household demand, prompting Beijing to roll out fresh stimulus measures including support for housing, tax breaks for businesses, and job creation programs targeted at young workers.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp