The uncertainty of the epidemic and the number of graduates with a record of exacerbating competition have exacerbated the impact of competition, and China's youth unemployment rate in July reached a record high.
According to the data released by the National Bureau of Statistics on Monday (August 15), the unemployment rate of young people aged 16-24 in July rose to 19.9%, a record high, 19.3%in June.The national urban survey unemployment rate was 5.4%, which was slightly better than 5.5%in June.
Fu Linghui, spokesman for the National Bureau of Statistics and the Director of the Comprehensive Statistics of the National Economic Economic Affairs, admits that since this year, due to the factors of exceeding expected factors, the pressure of employment has increased, the total pressure and structural pressure of employment have been increased.Still exist.The overall level of unemployment rate in July in the country is still higher than the same period last year, and the unemployment rate of young people is still at a high level.
According to Bloomberg analysis, young unemployment data may reflect seasonal impact because the number usually reaches its peak in the graduation season around July and August each year.
But the continuous rising youth unemployment rate also represents the increasing concern of policy makers. As leaders have diluted China's GDP growth goals, employment data has attracted more and more attention.
It is expected that 10.76 million students will have a record of 10.76 million students enter the employment market this summer. The goal of China this year is to create 11 million new employment positions, and hopes to control the overall unemployment rate below 5.5%Essence
