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China suspends youth jobless data after record high readings (www.reuters.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 47 points 1 year ago (8 children)

National Bureau of Statistics spokesman Fu Linghui on Tuesday said the release of the data would be suspended from August as the way the jobless rate was calculated needed to be improved to reflect the changing society.

He said there were 65 million students in the 16-24 age group and it was questionable whether they should be included in the unemployment figures before they graduated.

On the face of it, this seems quite reasonable.

You would expect that youth unemployment would capture the young people in the labour force, i.e. the number of people actually looking to work.

[–] [email protected] 11 points 1 year ago

It gets even more reasonable if you read the full quote from Fu Linghui, which Reuters decided to omit..

Not sure if you read it already, but you're absolutely right deng-salute

"The college students put their focus on gaining knowledge at campuses while the public holds different opinions on whether we should include these college students in employment analysis before their graduation. Also, we need research to extend the age period of defining 'youths' as the young people are now having longer schooling years," he added.

2023-08-15 NBS suspends release of youth unemployment rate - China Daily

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