Tag: unemployment rate in China

BEIJING: China’s abrupt decision to pause releasing data on its soaring youth jobless rate this week was the latest sign the Asian giant is increasingly restricting sensitive information — especially when it’s unflattering to the nation’s faltering economy.The unemployment rate of people aged 16-24 fell into that prickly category, after hitting a record of 21.3% in June.One fifth of young people being out of work is a troubling statistic for a ruling Communist Party obsessed with maintaining social stability.As China’s economy battles a slew of threats to its...