Youth Unemployment Rate Declines
In September, China's jobless rate for 16-to-24-year-olds, excluding students, decreased to 17.6%, down from 18.8% in August. This data, released by official sources on Tuesday, brings a sigh of relief to authorities after youth unemployment had soared to alarming levels for two consecutive months.
Rising Unemployment Among Young Graduates
The youth unemployment rate surged from 13.2% in June to 17.1% in July, coinciding with the influx of approximately 12 million new graduates entering the labor market. The following month, the rate peaked again, marking the highest level recorded since the National Bureau of Statistics revised its methodology in December 2023 to exclude students from the statistics.
The highest youth unemployment rate, recorded at 21.3% in June of the previous year, prompted the Chinese government to suspend publication of this critical benchmark until the methodological adjustments were implemented.
Economic Outlook and Hiring Trends
Despite the slight improvement in youth unemployment, officials remain cautious. A recent report highlighted that factory owners' confidence in September indicated continued hesitancy to hire, with the last positive employment report for producers dating back to February 2023. For individuals aged 25 to 29, the jobless rate stood at 6.7%, while those aged 30 to 59 reported a rate of 3.9%, both figures excluding college students.


Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Thailand Inflation Remains Negative for 10th Straight Month in January
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 



