China Arbeitslosenquote

China’s surveyed unemployment rate was 5% in November 2024, unchanged from the previous month and matching market expectations. The jobless rate for local registered residents increased by 0.1 percentage points to 5.2%, with non-local registrants at 4.6%, and non-local agricultural registrants at 4.4%. In 31 major cities, the urban unemployment rate remained at 5%. From January to November, the average surveyed jobless rate was 5.1%, 0.1 percentage points lower than the same period of the previous year. In November 2023, the surveyed unemployment rate was also 5%.