What is the current rate of unemployment in China?
In 2021, the rate of registered unemployment in urban areas of China was estimated at approximately 3.96 percent….Unemployment rate in urban China from 2010 to 2020 with forecasts until 2027.
| Characteristic | Unemployment rate |
|---|---|
| 2020 | 4.24% |
| 2019 | 3.62% |
| 2018 | 3.8% |
| 2017 | 3.9% |
What is the unemployment rate of China in 2021?
5.1 percent
BEIJING — China’s job market remained generally stable in 2021, with the surveyed urban unemployment rate standing at 5.1 percent, 0.5 percentage points lower than the same period in the previous year, data from the National Bureau of Statistics showed on Jan 17.
How many unemployed China?
China Jobless Rate Rises to 5.5% China’s surveyed urban unemployment was at 5.5 percent in February 2022, up from 5.3 percent in January and 5.1 percent in December. The latest print marked the highest jobless rate in a year, which was in line with the government’s target for this year “within 5.5%”.
Why is China’s unemployment rate high?
The slow development of China’s productivity, poor business management, the involvement of women in social activities, the morality rate decrease, and the population growth rate increase are the main reasons for China’s unemployment problem.
Which country has highest unemployment rate 2021?
For 2021, the global unemployment rate is estimated to be between 6.3-6.5%, depending upon the source….Top Ten Countries with the Highest Unemployment (World Bank 2020 data):
- Equatorial Guinea – 25.0%
- Botswana – 24.9%
- Grenada – 22.9%
- Eswatini – 22.7%
- Lesotho – 22.4%
- Gabon – 20.4%
Where is unemployment the highest in China?
Liaoning
Liaoning is the top region by unemployment rate in China. As of 2020, unemployment rate in Liaoning was 4.6 %. The top 5 regions also includes Chongqing, Yunnan, Ningxia, and Fujian.
Does China face unemployment?
Unemployment has been a serious social issue in China in recent years, in regards to both an increase in quantity and its unequal impact on different social regions. The influence of foreign investment in China has greatly increased since the Open Door Policy was implemented in the early 1980s.
What is the current unemployment rate in China?
Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. In December 2021, the surveyed unemployment rate in urban areas of China ranged at 5.1 percent, slightly up from 5.0 percent in the previous month.
Why is China’s youth unemployment rate so high?
China’s Youth Unemployment Spikes as Students Graduate – Bloomberg China’s youth unemployment rate rose to the highest this year, as students graduate and China’s economic recovery slows on virus disruptions and weakening global demand.
Where can I find the annual employment data for China?
The annual employment data for China is published by the National Bureau of Statistics in its annual statistical year book.
What is the difference between urban and officially registered unemployment in China?
The figures for the surveyed urban unemployment rate are generally higher than the quarterly published figures for officially registered unemployment in China . You need a Single Account for unlimited access. Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.