The youth unemployment rate in China has hit an all-time high in June 2023. According to data released by the National Bureau of Statistics, the unemployment rate among young people in China has risen to to a record high of 21.3 percent. Overall urban unemployment remained at 5.2 percent. Meanwhile, China's economy grew 6.3% in the second quarter of the year, lower than expected, after near-stagnant growth a year earlier. China GDP Growth: Chinese Economy Grew 6.3% in the Second Quarter, Lower Than Expected as Momentum Slows.
Youth Unemployment Rate in China Rises:
BREAKING: China's youth unemployment has risen to a record high of 21.3%
— The Spectator Index (@spectatorindex) July 17, 2023
#BREAKING China youth unemployment rises to record 21.3% in June: official data pic.twitter.com/N6Ek8dorve
— AFP News Agency (@AFP) July 17, 2023
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)