China’s Unemployment Rate is forecasted to be 3.800 % in Dec 2019 as reported by International Monetary Fund - World Economic Outlook. It records no change from the last reported number of 3.800 % in Dec 2018. Looking ahead, China’s Unemployment Rate is projected to stand at 3.800 % in Dec 2024. Unemployment for China from National Bureau of Statistics of the People's Republic of China for the China Statistical Yearbook release. This page provides forecast and historical data, charts, statistics, news and updates for China Unemployment. According to the new measure, the country’s unemployment rate fell to 3.82 per cent at the end of September, from 3.83 per cent at the end of June. This stability is rather startling, considering that over the period 2002 to 2018 China’s growth rate has fluctuated considerably. While China's unemployment rate has soared since the mid-1990s, labor force participation has dropped. Participation averaged 83.1 percent around 1995, fell dramatically during the transition, and stabilized at around 74 percent during the 2002-09 period. The statistic shows the unemployment rate for China from 2012 to 2017, with projections up until 2024. In 2017, China's unemployment rate ranged at about 3.9 percent. From the statistic at hand one can see that the unemployment rate in China has been fairly constant at around four percent over China's unemployment rate has hit its lowest point in multiple years at 3.95 percent by the end of September, but employment still face challenges as the economy pushes ahead with structural
Urban unemployment in China is a good example. This paper estimates the urban unemployment rate using administrative statistics, population census data 3 days ago China's official, but highly doubted, urban unemployment rate jumped in February to 6.2%, its highest on record, the National Bureau of 13 Jan 2020 The Chinese government wants to do whatever it can to protect the the pain from rising prices, to rate cuts that could fuel more bank lending.
10 Jan 2011 2 JANUARY 13, 2011. Redefining Unemployment Statistics. Rural migrant workers are counted in China's official urban unemployment rate 21 Oct 2015 From the NBER Digest: Official Statistics Understate Chinese Unemployment Rate: High and rising unemployment in China created by massive Unemployment Rate in China is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in China to stand at 4.00 in 12 months time. China's Unemployment Rate increased to 3.62 % in Dec 2019, from the previously reported number of 3.61 % in Sep 2019. China's Unemployment Rate is updated quarterly, available from Dec 1999 to Dec 2019, with an average rate of 4.07 %. The data reached an all-time high of 4.30 % in Dec 2009 and a record low of 3.00 % in Jun 2000. China's labor market was highly regulated and dominated by state-owned enterprises, with an average of 3.7 per cent, but this rose sharply during the numerous lay-offs between 1995 and 2002 and average 9.5 per cent in the three years between 2002 and 2009. Then unemployment rate fell throughout the period, particularly between 1995 and 2002.
22 Jul 2019 Looking at China's official labor market statistics, all seems well: The latest surveyed unemployment rate in urban areas fell to five percent from 5 Oct 2012 China's national statistics office works hard, but the country is so big and changing so quickly that it's hard to keep track of what's going on. 14 Mar 2019 The surveyed urban unemployment rate in February was 5.3%, lower than the target set for this year of "around 5.5%", but higher than 25 Jul 2019 As a frame of reference, a 0.1 percentage point change in the U.S. unemployment rate corresponds to a loss of 160,000 jobs. Based on historical 18 Nov 2016 From 1980 until 2014, China's long-term average unemployment rate was around 3.86 percent. It reached a low of 1.8 percent in 1985 and a 6 Jun 2016 Along with GDP, no other Chinese economic figure is viewed as suspiciously as the official unemployment rate, which hasn't moved from 4% in
China’s Unemployment Rate is forecasted to be 3.800 % in Dec 2019 as reported by International Monetary Fund - World Economic Outlook. It records no change from the last reported number of 3.800 % in Dec 2018. Looking ahead, China’s Unemployment Rate is projected to stand at 3.800 % in Dec 2024. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country China Unemployment Data. Current unemployment rate: 3.8% (October 2018) Average unemployment rate: 3.8% (1969-2017) Maximum unemployment rate: 6% (2016) Minimum unemployment rate: 1.2% (1973) Unemployment Explained. The unemployment rate is the number of people currently out of job as a parentage of the available labor force. Variable: Unemployment rate Note: Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). High unemployment is one of the major social problems in China today. The Chinese official estimates of unemployment do not take into consideration several aspects that are globally considered while computing unemployment rates. The official unemployment rate in China takes into consideration only the registered urban unemployment. The statistic shows the estimated unemployment rate in China from 2008 to 2018, broken down by gender. In 2018, approximately 3.82 percent of female labor force in China were unemployed. The number of unemployed persons in China increased to 948 Tens of Thousands in the third quarter of 2019 from 947 Tens of Thousands in the second quarter of 2019. Unemployed Persons in China averaged 907.98 Tens of Thousands from 2004 until 2019, reaching an all time high of 983 Tens of Thousands in the third quarter of 2016 and a record low of 810 Tens of Thousands in the first quarter of