Is youth joblessness worsening in China? Beijing’s official figures offering fewer clues

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Since China’s jobless rate among people aged 16-24 hit a record of more than 21 per cent in June 2023, authorities have said a recalibration is in order and chose not to release the July rate. The decision sparked a swift backlash from market watchers and analysts, who say withholding the figures could make it harder to gauge China’s economic recovery.