China youth unemployment hits record high since method revised | Business

BEIJING, Sept 17, 2025 (BSS/AFP) - China said Wednesday its youth unemployment rate hit a record in August since publication resumed under a revised calculation last year, adding to a recent string of gloomy economic data. The government's jobless rate for people aged between 16 and 24 had soared to more than 21 percent in June 2023, after which the National Bureau of Statistics (NBS) paused its monthly publication. The rate dropped by more than six percentage points when figures resumed for December of that year -- though derived from a new methodology that excluded students. The number has fluctuated over the past year as Beijing sought to breathe new life into a struggling economy that has amplified anxieties in...