The unemployment rate among young Chinese aged 16 to 24 reached a record high of 20.4 percent in April, according to data from the National Bureau of Statistics. However, the urban unemployment rate alone fell slightly in April to 5.2 percent.
According to the bureau's data, the rate among 25- to 59-year-olds, who make up the majority of the labor market, was 4.2 percent in April, down from 4.3 percent in March. The survey-based unemployment rate in 31 major cities was 5.5 percent in April, the same figure as in March, according to the data.
Source (Alkhaleej Emirati Newspaper, Edited)
