Data from Beijing is notoriously opaque, and the official unemployment rate — which only tracks jobless numbers in urban areas — has barely moved beyond 4% to just over 5% for years.But even the official tally has started to register a spike. Directly accessible data for 170 industries from 50 countries Find out what's happening in the world as it unfolds.The 26-year old tech worker spent the last year jumping from one startupLast year "already felt like living in a hell mode," Wang told CNN Business in a telephone interview. The average value for China during that period was 3.91 percent with a minimum of 3.61 percent in Q2 2019 and a maximum of 4.1 percent in Q3 2014. July 16, 2020 facts. Recently, "when I was taking the subway to [an internship], I suddenly felt a burst of anxiety through my heart when I thought of the fact that I haven't settled on a job," she said.Others said the coronavirus has disrupted their plans. But recent messaging from officials has made it clear that unemployment is a bigShoring up the economy — and preventing the jobless rate from spiraling out of control — has only gotten more critical in recent months. New This feature is limited to our corporate solutions.We use cookies to personalize contents and ads, offer social media features, and analyze access to our website.
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She said she was supposed to interview with a newspaper in Wuxi last month, but couldn't go because she couldn't obtain the "health code" required to enter the city.Yao told CNN Business that she reached out to 61 companies about jobs, but only five asked for her resume. "I don't think anyone can. Published by C. Textor, May 13, 2020 In 2018, the unemployment rate in urban areas of China ranged at about 3.8 percent. Social media - Statistics & Facts Instant Access Long-term unemployment rate Indicator: Find all indicators on Jobs. Speaking last month, a spokesman for China's National Bureau of Statistics acknowledged that the labor market was under a lot of pressure, but he insisted overall employment was "stable. Update Instant access to full history data in excel 2018-07-24; China to keep 'surveyed urban unemployment rate' within 5.5 pct in 2018. It's also a lot more disturbing — it would mean that nearly 10% of people in China who are supposed to be employed are actually out of work, according to economists at Société Générale. Unemployment rate of China increased from 3.1 % in 2000 to 3.6 % … China's Unemployment Rate increased to 3.84 % in Jun 2020, from the previously reported number of 3.66 % in Mar 2020. Big Mac index - global prices for a Big Mac 2020 New The unemployment rate that year was about 5%. Industry Outlook The data is reported by reported by Ministry of Human Resources and Social Security. *Duration: 12 months, billed annually, single license According to the source, the data are ILO estimates. "China's unemployment could be seriously understated," said Willy Lam, an adjunct professor for the Center of China Studies at the Chinese University of Beijing's data, after all, does not include people in rural communities or a large number of the 290 million migrant workers who work in construction, manufacturing and other low paying but vital activities.
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