China’s labor market showed modest improvement in December as the youth unemployment rate declined slightly, according to the latest data released by the National Bureau of Statistics (NBS). The jobless rate for people aged 16 to 24, excluding college students, fell to 16.5% in December, down from 16.9% in November. This decrease suggests a gradual easing of employment pressure among younger workers, a group that has faced persistent challenges amid China’s economic slowdown and structural shifts in the labor market.
The improvement was also visible among young adults aged 25 to 29, excluding college students. Unemployment in this segment dropped to 6.9% in December from 7.2% a month earlier, reflecting slightly better hiring conditions for early-career workers. Analysts note that this age group often benefits first from marginal improvements in business activity, as companies cautiously expand hiring for roles requiring some experience but not senior-level expertise.
However, the broader employment picture remains uneven. For workers aged 30 to 59, China’s core working-age population, the unemployment rate edged up to 3.9% in December from 3.8% in November. While the increase is small, it indicates ongoing pressure in traditional industries and slower job creation across sectors such as manufacturing, real estate, and private services. This age group is typically considered more stable in employment, so even a slight rise in joblessness can signal underlying economic stress.
China resumed publishing youth unemployment data last year after revising its statistical methodology to exclude college students, who are not actively seeking full-time employment. This change aimed to provide a clearer picture of labor market conditions for those genuinely participating in the workforce. The youth jobless rate remains significantly higher than the national average, underscoring the structural mismatch between graduates’ skills and available jobs, as well as subdued demand from private enterprises.
Overall, December’s data suggest cautious stabilization rather than a strong recovery. While falling youth unemployment offers some optimism, economists warn that sustained improvement will depend on stronger economic growth, increased private-sector confidence, and targeted policies to support job creation, particularly for young people entering the workforce.


Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year
South Korea Exports Hit Record High as Global Trade Momentum Builds
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom
Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook
U.S. Stock Futures Slip as Year-End Trading Turns Cautious
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 



