China’s urban jobless rate fell to a two-year low of 5 per cent in May, but the unemployment rate for recent graduates of high school and college was more than double that figure. Photo: Getty Images
China’s urban jobless rate fell to a two-year low of 5 per cent in May, but the unemployment rate for recent graduates of high school and college was more than double that figure. Photo: Getty Images
China jobs

China jobs: unemployment rate dips, but numbers mask structural problems keeping graduates out of work

  • Analysts point to several factors that are draining number of blue-collar workers
  • Anecdotal reports suggest a mismatch between jobs and skills in the economy, which could prevent jobless rate from falling further

China’s urban jobless rate fell to a two-year low of 5 per cent in May, but the unemployment rate for recent graduates of high school and college was more than double that figure. Photo: Getty Images
China’s urban jobless rate fell to a two-year low of 5 per cent in May, but the unemployment rate for recent graduates of high school and college was more than double that figure. Photo: Getty Images
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