China's National Bureau of Statistics reports youth unemployment rate falls for second consecutive month, 14.2% for 16-24 year olds - Chinese media

On the 19th, the National Bureau of Statistics of China announced the unemployment rate by age group for May. In May, the unemployment rate for 16-24 year olds in both urban and rural areas nationwide was 14.2%, down 0.5 percentage points from the previous month, and for 25-2
The unemployment rate for 9-year-olds fell 0.5 percentage points to 6.6%, while the unemployment rate for those aged 30 to 59 remained unchanged from the previous month at 4.0%. Both figures exclude students enrolled in school.
The unemployment rate for 16-24 year olds has fallen for two consecutive months. According to data released by the National Bureau of Statistics on the 17th of this month, the number of unemployed people surveyed nationwide in urban and rural areas in the first five months of this year was 1.2%.
The average unemployment rate was 5.1%, down 0.3 percentage points from the same period last year. The unemployment rate for May alone was 5%, unchanged from the previous month, but down 0.2 percentage points from the same month last year.
"China's economy continued to recover in May, with the labour market showing some activity and employment generally stable," spokeswoman Liu Aihua said.
On the other hand, the burden on employment remains and policies to stabilize employment need to be strengthened, it said.