China at Risk of Increased Youth Joblessness as Labour Distress Spreads China's youth unemployment rates are a ticking time bomb, poised to reach levels not seen since 2019.
In June, the jobless rate for those aged 16 24 hit 14. 9%, the highest for that month in over two years. This is more than just a seasonal spike; it's a symptom of a broader structural crisis.
The data shows an unprecedented 12. 7 million graduates will enter the workforce in 2026, exacerbating the labour oversupply problem.