A Chinese professor last month said the country’s true youth jobless rate may have been close to 50 per cent in March.
China’s statistics bureau said on Tuesday it had suspended publication of youth jobless data, citing the need to improve methodology in the way it measured unemployment among young people, which has hit record highs in recent months.
The most recent NBS data on youth unemployment, published last month, showed the jobless rate jumping to a record high of 21.3 per cent in June. “At present the majority of graduating university students have already confirmed their employment destination and their employment situation is generally stable,” said Fu Linghui, a spokesman with the National Bureau of Statistics .He added that the graduate employment rate was “slightly higher than in the same period last year”.
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