China Tasa De Desempleo

China's surveyed urban unemployment rate declined to a 16-month low of 5.2% in April 2023 from 5.3% in the previous month. The unemployment rate of the population aged 25-59 decreased to 4.2% in April from 4.3% in March, while those aged 16-24 climbed to 20.4% from 19.6%. Meanwhile, the jobless rate in 31 large cities and towns was unchanged at 5.5% in April. The average weekly working hours of employees in enterprises across the country edged up to 48.8 hours in April from 48.7 hours in the previous month. For 2023, the government has targeted a jobless rate of around 5.5%, with the creation of about 12 million new urban jobs. China has set a GDP growth target of around 5% for 2023.