The National Bureau of Statistics said China’s August surveyed urban unemployment rate rose 0.1 ppt to 5.3%, attributing the increase mainly to a seasonal influx of new graduates entering the labor force. The core 30–59 age group's urban surveyed unemployment rate held at 3.9% month-on-month and year-on-year. By sector, manufacturing employment was broadly stable; information transmission, software and IT services saw a marked rise in employment; accommodation and catering continued to expand jo

The National Bureau of Statistics said China’s August surveyed urban unemployment rate rose 0.1 ppt to 5.3%, attributing the increase mainly to a seasonal influx of new graduates entering the labor force. The core 30–59 age group's urban surveyed unemployment rate held at 3.9% month-on-month and year-on-year. By sector, manufacturing employment was broadly stable; information transmission, software and IT services saw a marked rise in employment; accommodation and catering continued to expand jobs, supported by domestic tourism, helping stabilize overall employment.