China Arbeitslosenquote

China’s surveyed unemployment rate rose to 5.1% in December 2024, compared to market estimates and November’s reading of 5%. This marked the highest reading in three months. The jobless rate for locally registered residents increased by 0.1 percentage points to 5.3%, with non-local registrants at 4.6%, and non-local agricultural registrants at 4.5%. For the whole year, the average surveyed jobless rate was 5.1%, 0.1 percentage points lower than the previous year. In December 2023, the surveyed unemployment rate was also 5.1%.