Tag: China suspends release of youth unemployment data

BEIJING: China on Tuesday said it would suspend the release of youth unemployment rates, as its central bank cut a key interest rate to boost flagging growth.A slew of disappointing figures in recent months has reflected a slump as China's post-Covid rebound fades, with youth unemployment hitting a record 21.3 percent in June.The National Bureau of Statistics on Tuesday said it would no longer release age group-specific unemployment data starting this month, citing the need to "further improve and optimize labour force survey statistics"."Starting from this August, the...