China’s youth unemployment rate edges down to 17.3% in October

Investing.com -- China’s unemployment rate for young people aged 16 to 24, excluding college students, decreased to 17.3% in October from 17.7% in September, according to data released Tuesday by the National Bureau of Statistics.

The jobless rate for 25-to-29-year-olds held steady at 7.2% compared to the previous month, the bureau reported.

For older workers aged 30 to 59, the unemployment rate showed a slight improvement, dropping to 3.8% in October from 3.9% in September.

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