China youth jobless rate drops to 11-month low in May

The jobless rate among 16-to-24 year-olds in China excluding college students fell to 15.6 percent in May, the lowest level in 11 months, data released by the National Bureau of Statistics showed on Monday.

The unemployment rate for those aged 25 to 29 came in at 7.2 percent, down from 7.4 percent in April. In the 30-59 year-olds segment, joblessness dropped to 4.1 percent from 4.2 percent a month earlier.

Reuters

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