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The government this week unveiled a plan to help new graduates find jobs as teachers and create other "grassroots level" positions, But authorities still have a tough task ahead of them as they try to help others who have lost their jobs.

Beijing expects about 8.7 million people will graduate from colleges and universities this year, creating even more competition for work. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN.
Unlimited access tailored to your data needs Wang, the tech worker from Beijing, said it seems life is tough for everyone right now. For details, please see your browser’s Help section (by pressing F1).

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China's official, but highly doubted, urban unemployment rate jumped in February to 6.2%, its highest on record, the National Bureau of Statistics said. "I don't think anyone can. Facebook: number of monthly active users worldwide 2008-2020

The other half transitioned from traditional courier businesses, convenience stores and other small grocery shops, the company said.For millions of other people, making such job transitions may not be that easy. Includes Unemployment Rate for New

Unemployment will be concentrated in the private sector, mostly in services and exports.

And while the economy The Chinese government has never been candid about its economic woes. Basic Account He and his friends have started lowering their expectations, and some of them aren't even sure whether they can stay in Beijing. Statista. It's also a lot more disturbing — it would mean that nearly 10% of people in China who are supposed to be employed are actually out of work, according to economists at Société Générale. youth unemployment rate: seasonally adjusted, July 2020Youth unemployment rate in the United States in 2019Monthly surveyed urban unemployment rate in China from June 2019 to June 2020



And experts, including the economists at Société Générale, have noted that the program is ill-equipped to deal with the massive surge in jobless figures.The government seems to have recognized these issues, Williams added, since it recently pledged to help those without jobs access insurance.But other experts have pointed out that there are other challenges facing Beijing as it tries to push its citizens back to work. The data is reported by reported by Ministry of Human Resources and Social Security. All rights reserved. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.This photo taken on February 28, 2020 shows workers producing face masks at a factory in Handan in China's northern Hebei province.China's reopenings aren't going as well as Wall Street thinks: Stephen Roach But less than half of the urban labor force was covered by that program at the end of last year, according to data from the Ministry of Human Resources and Social Security. If those migrants are included, as many as 80 million people could have been out of work at the end of March, according to an article co-authored last month by Zhang Bin, an economist at the Chinese Academy of Social Sciences, a think tank run by the government.

During March and April, more than half of the managers who joined were individual entrepreneurs, including household businesses and college students, according to Cainiao. Customized Research & Analysis projects: Confirmed, death and recovery cases of COVID-19 in Greater China 2020, by regionGross domestic product (GDP) growth rate in China 2011-2021Age distribution of COVID-19 patients in China 2020COVID-19 confirmed and death case development in China 2020You can only download this statistic as a Premium user.You can only download this statistic as a Premium user.You can only download this statistic as a Premium user.As a Premium user you get access to the detailed source references and background information about this statistic.As a Premium user you get access to background information and details about the release of this statistic.As soon as this statistic is updated, you will immediately be notified via e-mail. Instant access to full history data in excel
The data reached an all-time high of 4.30 % in Dec 2009 and a record low of 3.00 % in Jun 2000. Number of apps available in leading app stores 2020 Big Mac index - global prices for a Big Mac 2020

Smartphone market share worldwide by vendor 2009-2020 Unemployment rate The unemployed are people of working age who are without work, are available for work, and have taken specific steps to find work. Corporate Account He asked CNN Business to not use his entire name because he didn't want friends or family to know the details of his unemployment — a fear echoed by others in China who spoke about losing their jobs. Even Zhang, the state think tank economist, floated a similar proposal.

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