China’s youth unemployment rate just hit a record high

Another troubling sign has emerged in China as the country seeks to regain its economic footing following three years of strict covid curbs.

The National Bureau of Statistics (NBS) released data today (May 16) that shows the country’s youth jobless rate topped 20% in April, marking its highest level since records began five years ago.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.