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CN Oct Jobless Rate of Teenagers Ebbs to 17.1%
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The National Bureau of Statistics (NBS) released data on the unemployment rate by age groups in mainland China in October. The unemployment rate of labor aged 16-24, excluding school students, in urban areas nationwide dropped to 17.1% in October from 17.6% in September.

The unemployment rate of labor aged 25-29, excluding school students, inched up to 6.8% from 6.7% in September; and that aged 30-59, excluding school students, sank narrowly to 3.8% from 3.9% in September.

Related NewsISM Services PMI for Nov in United States is 52.1, lower than the previous value of 56. The forecast was 55.5.

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