China's Stats Bureau to Cease Youth Jobless Rate Data Release

1 min read
Source: Reuters
China's Stats Bureau to Cease Youth Jobless Rate Data Release
Photo: Reuters
TL;DR

China's statistics bureau has suspended the publication of youth jobless data, citing the need to improve methodology in measuring unemployment among young people. This decision has sparked public backlash on social media, reflecting growing frustration about employment prospects in the country. The most recent data showed the youth jobless rate reaching a record high of 21.3% in June. Critics argue that the suspension of data publication is an attempt to ignore the issue rather than address it.

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