China: Youth unemployment rate 20.8%, new record – last hour

(ANSA) – BEIJING, June 15 – One in five young Chinese men was unemployed in May: a rate of 20.8% and a new record for the Asian country, according to official data released today by the National Bureau of Statistics. This figure, which relates to people aged 16-24 in urban areas, has continued to rise in recent months and reached 20.4% in April. In May, the rate on the entire workforce was 5.2%, unchanged from April.

China’s central bank Pboc lowered its main medium-term lending (MLF) rate, a measure expected by markets and intended to prop up the flagging growth of the world’s second-largest economy. The central bank said the interest rate on its annual loans to financial institutions was cut to 2.65% from a previous 2.75%. This measure should make it possible to lower the financing costs of commercial banks to encourage them to extend more credit on more favorable terms, and thus to support the economy. (handle).

Reproduction is reserved © ANSA Copyright

Get the embed code
</p> <footer></p> <style><![CDATA[<![CDATA[ .my_adsense{ width:100%; text-align:center; /*margin:0 0 10px;*/} ]]]]><![CDATA[>]]></style> <p>  </p> <p> <br />  </p> <p> <br /> </footer> </div> <p><script type="text/javascript"> var disableComment = true; var showComment = false;</p> <p> (function(d, s, id) { if (!disableComment && !isMobile.any()) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/it_IT/all.js#xfbml=1&appId=514987508589175"; fjs.parentNode.insertBefore(js, fjs); } else if (!showComment){ $('.social-comments').hide(); } }(document, 'script', 'facebook-jssdk')); </script></p> </div> <footer class="clearfix"> <div class="post-bottom"> <div class="dt-row dt-d-flex dt-align-items-center"> <div class="dt-col-md-6 dt-col-12"> </div> <div class="dt-col-md-6 dt-col-12 dt-text-center dt-text-md-right"> <div class="tags"> <li class="list-inline-item"> </li> </div> </div> </div> </div> </footer> </article> <div class="about-author padding-30 rounded"> <div class="thumb"> <img alt='' src='https://secure.gravatar.com/avatar/c6c2fd9cd6ba39785e8b0c740867f2a3?s=200&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/c6c2fd9cd6ba39785e8b0c740867f2a3?s=400&d=mm&r=g 2x' class='avatar avatar-200 photo' height='200' width='200' loading='lazy' decoding='async'/> </div> <div class="details"> <h4 class="name"><a href="https://persiadigest.com/author/aarav/">Zach Crawford</a></h4> "Reader. Travel maven. Student. Passionate tv junkie. Internet ninja. Twitter advocate. Web nerd. Bacon buff." </div> </div> <div class="dt-row nextprev-post-wrapper"> <nav class="navigation post-navigation" aria-label="Posts"> <h2 class="screen-reader-text">Post navigation</h2> <div class="nav-links"><div class="nav-previous"><a href="https://persiadigest.com/i-leave-my-family-i-dont-want-to-be-with-them-when-i-suffer/" rel="prev"><div class="nextprev-post prev"><h5 class="post-title"><i class="fas fa-angle-left"></i> “I leave my family, I don’t want to be with them when I suffer” </h5></div></a></div><div class="nav-next"><a href="https://persiadigest.com/imminent-cyclone-biparjoy-between-india-and-pakistan-with-winds-of-up-to-150-km-h-there-are-already-victims-3b-meteo/" rel="next"><div class="nextprev-post prev"><h5 class="post-title"> Imminent Cyclone Biparjoy between India and Pakistan with winds of up to 150 km/h. There are already victims «3B Meteo <i class="fas fa-angle-right"></i></h5></div></a></div></div> </nav> </div> <div class="spacer" data-height="50" style="height: 50px;"></div> <div class="dt-container-md"> <div class="widget-header"> <h4 class="widget-title">Related Posts</h4> </div> <div class="dt-row"> <div class="dt-col-lg-12 content-right"> <div class="dt-col-md-12 dt-col-sm-6"> <div id="post-34317" class="post post-list bg-white shadow post-34317 type-post status-publish format-standard has-post-thumbnail hentry category-top-news single-post"> <div class="thumb"> <a href="https://persiadigest.com/seasonal-acrylic-nail-care-adapting-to-weather-changes/"> <div class="inner"> <img src="https://persiadigest.com/wp-content/uploads/2024/08/2377756eba.jpg" alt="Seasonal Acrylic Nail Care: Adapting to Weather Changes"></div> </a> </div> <div class="details clearfix dt-py-4 dt-px-3"> <ul class="meta list-inline dt-mt-0 dt-mb-3"> <li class="list-inline-item"><a href="https://persiadigest.com/author/dionisio-arenas/"><img src="https://secure.gravatar.com/avatar/861cf86cae5a3d990f97fbe7bea8a181?s=96&d=mm&r=g" width="32" height="32" class="author" alt="Laurence Malcom"/>Laurence Malcom</a></li> <li class="list-inline-item"><a href="https://persiadigest.com/seasonal-acrylic-nail-care-adapting-to-weather-changes/"><a href="https://persiadigest.com/category/top-news/" rel="category tag">Top News</a></a></li> <li class="list-inline-item"><i class="far fa-calendar-alt"></i> September 12, 2024</li> <li class="list-inline-item"><i class="far fa-eye"></i> 1386 views</li> </ul> <h5 class="post-title">Seasonal Acrylic Nail Care: Adapting to Weather Changes</h5> <p class="excerpt dt-mb-0"><p>As the seasons change, so do the demands on our beauty routines, and acrylic nails are no exception. Whether it’s the cold of winter or the heat of summer, different…</p> </p> <div class="post-bottom clearfix dt-d-flex dt-align-items-center"> <div class="float-right dt-d-none dt-d-md-block"> <a href="https://persiadigest.com/seasonal-acrylic-nail-care-adapting-to-weather-changes/" class="more-link">Continue reading <i class="fas fa-arrow-right"></i></a> </div> </div> </div> </div> </div> <div class="dt-col-md-12 dt-col-sm-6"> <div id="post-34310" class="post post-list bg-white shadow post-34310 type-post status-publish format-standard has-post-thumbnail hentry category-top-news single-post"> <div class="thumb"> <a href="https://persiadigest.com/a-tale-of-two-tortoises-russian-and-greek-species-compared/"> <div class="inner"> <img src="https://persiadigest.com/wp-content/uploads/2024/08/bf908c6ab1.jpg" alt="A Tale of Two Tortoises: Russian and Greek Species Compared"></div> </a> </div> <div class="details clearfix dt-py-4 dt-px-3"> <ul class="meta list-inline dt-mt-0 dt-mb-3"> <li class="list-inline-item"><a href="https://persiadigest.com/author/dionisio-arenas/"><img src="https://secure.gravatar.com/avatar/861cf86cae5a3d990f97fbe7bea8a181?s=96&d=mm&r=g" width="32" height="32" class="author" alt="Laurence Malcom"/>Laurence Malcom</a></li> <li class="list-inline-item"><a href="https://persiadigest.com/a-tale-of-two-tortoises-russian-and-greek-species-compared/"><a href="https://persiadigest.com/category/top-news/" rel="category tag">Top News</a></a></li> <li class="list-inline-item"><i class="far fa-calendar-alt"></i> September 6, 2024</li> <li class="list-inline-item"><i class="far fa-eye"></i> 123 views</li> </ul> <h5 class="post-title">A Tale of Two Tortoises: Russian and Greek Species Compared</h5> <p class="excerpt dt-mb-0"><p>When choosing a tortoise as a pet, Russian and Greek tortoises are two popular options that often come up. Both species are known for their charm and unique traits, but…</p> </p> <div class="post-bottom clearfix dt-d-flex dt-align-items-center"> <div class="float-right dt-d-none dt-d-md-block"> <a href="https://persiadigest.com/a-tale-of-two-tortoises-russian-and-greek-species-compared/" class="more-link">Continue reading <i class="fas fa-arrow-right"></i></a> </div> </div> </div> </div> </div> </div> </div> </div><div class="dt-col-lg-12"> <div id="comments" class="comments-area"> <div id="respond" class="comment-respond"> <h3 id="reply-title" class="comment-reply-title">Leave a Reply <small><a rel="nofollow" id="cancel-comment-reply-link" href="/china-youth-unemployment-rate-20-8-new-record-last-hour/#respond" style="display:none;">Cancel reply</a></small></h3><form action="http://persiadigest.com/wp-comments-post.php" method="post" id="commentform" class="comment-form" novalidate><p class="comment-notes"><span id="email-notes">Your email address will not be published.</span> <span class="required-field-message">Required fields are marked <span class="required">*</span></span></p><p class="comment-form-comment"><label for="comment">Comment <span class="required">*</span></label> <textarea id="comment" name="comment" cols="45" rows="8" maxlength="65525" required>

Name *

Email *

Website