China's employment has remained largely stable in the first half of 2023, with the average surveyed urban unemployment rate dropping down 0.2 percentage points from the first quarter to 5.3 percent, data from the National Bureau of Statistics (NBS) showed on Monday.
The jobless rate for people aged 25 to 59 years old has stayed low, at 4.1 percent in June.
The figure for June remained flat month-on-month at 5.2 percent. Meanwhile, the surveyed unemployment rate for young people aged between 16 and 24 in June stood at 21.3 percent, recording a new high.
In May, the jobless rate of the young people of 16-24 ages was 20.8 percent.
The surveyed urban unemployment rate has been showing an overall downward trend as China's economic recovery has gained pace and policies aimed at stabilizing employment started taking effect, Fu Linghui, spokesperson of NBS, said on Monday.
Fu warned that there will be more young graduates and young people entering the labor market in August, and the youth jobless data could edge up.
But Fu shows the confidence that the jobless rate will go down as the summer graduation peak passes, and more young people find jobs. The number will gradually decline after August, as seen from past experiences, he said.
