China’s youth unemployment rate increased to 16.9% in February 2025, the highest since October 2024, with a nationwide jobless rate of 5.4%, also at a two-year high. The job market remains pressured despite government efforts to revitalize the economy.

In February 2025, China’s youth unemployment rate reached 16.9%, an increase from 16.1% in January, as reported by the National Bureau of Statistics. This figure represents the highest rate recorded since October 2024, highlighting ongoing challenges within the labor market despite government initiatives aimed at revitalizing the economy.

Additionally, unemployment rates for other age groups have also risen. Individuals aged 25 to 29 experienced a jobless rate of 7.3%, while those aged 30 to 59 saw an increase to 4.3%, indicating a broader trend of rising unemployment across various age demographics.

The nationwide unemployment rate has now climbed to 5.4%, marking its peak level in two years. This overall rise in joblessness is a significant concern for both policymakers and economic analysts, as it underscores the continuing pressures within the employment sector.

In conclusion, China’s youth unemployment rate has reached a concerning 16.9%, the highest since October 2024. The overall job market remains under pressure, with notable increases in unemployment across various age groups, and the national jobless rate rising to 5.4%. These trends reflect the ongoing economic challenges that the country faces.

Original Source: www.tradingview.com

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