What is the Youth Unemployment Rate?

Based on the article, youth unemployment (ages 16–24) is collected monthly by national statistical agencies through door-to-door surveys of 340,000 households. China’s current youth unemployment rate of around 21% remains on the lower end internationally, still within the 30% range. An analysis of 5 million job postings shows declining demand for highly educated but inexperienced candidates, while demand for experienced associate and bachelor’s degree holders is growing, accounting for 66% or more.

Although youth unemployment is rising, overall unemployment is actually declining (due to how flexible employment is counted).

Who Gets Hurt When Youth Unemployment Rises?