Unemployment in China

China Unemployment | Economic News & Forecasts

China - Unemployment

Available economic indicators show growth momentum remains weak. Industrial production was subdued in October, as the trade war with the U.S eroded manufacturing activities. This trend is expected to continue in the coming months as corroborated by a new drop in exports in November. Moreover, mounting economic uncertainty is postponing investment plans, especially among foreign firms. The main silver lining has been the rebound in the manufacturing PMI in November. Meanwhile, on 13 December, President Trump agreed to a limited trade deal with China, effectively barring a fresh round of tariffs due on 15 December. As part of the deal, U.S. officials stated that China will purchase more U.S. agricultural products, while the U.S. will remove some existing tariffs in return. At the time of writing, however, Chinese authorities have not yet confirmed whether the two sides have reached an agreement.

China - Unemployment Data

2013   2014   2015   2016   2017  
Unemployment Rate4.1  4.1  4.1  4.0  3.9  

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China Unemployment Chart


China Unemployment
Note: Unemployment in % of active population.
Source: National Bureau of Statistics of China.

China Facts

Value Change Date
Bond Yield3.17-0.40 %Dec 31
Exchange Rate6.96-0.19 %Jan 01

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