. And there are no official figures on tech-related job losses . The uniform application of this definition results in estimates of unemployment rates that are more internationally comparable than estimates based on national definitions of unemployment. The highest rate of U.S. unemployment was 24.9% in 1933, during the Great Depression. Key Highlights of the Data. In April 2022, the surveyed unemployment rate of young people between 16 and 24 years of age in urban areas of China ranged at 18.2 percent, up from 16 percent in the previous month. Long-term unemployment rate Indicator: Find all indicators on Jobs. The unemployment rate across cities rose by 0.3 . The seasonally adjusted unemployment rate in Hong Kong climbed to 5.4% for the February-to-April period, compared with 5% for the January-to-March period. Historical Data (%) by years. In the euro area, the unemployment rate for women remained stable at 7.2 % in February 2022, while the unemployment rate for men decreased from 6.6 % in January 2022 to 6.4 % in February 2022. That compares to 412,738 people in January and 794,348 people in February 2021. This represents a continuation of a positive trend for the OECD and the 11th consecutive month of falling or stable unemployment, keeping it below the pre-pandemic rate of 5.3% recorded in February 2020 (Figure 1). China 's official, but highly doubted, urban unemployment rate jumped in February to 6.2%, its highest on record, the National Bureau of Statistics said. China's surveyed urban unemployment rose to 6.1 percent in April 2022 from 5.8 percent in the previous month. A solid job market has Feroli looking for 3% U.S. GDP growth next year. This page provides forecast and historical data, charts, statistics, news and updates for China Unemployment. Line Bar Map. China's unemployment rate fell by 0.5 percentage points year-on-year in 2021, at 5.1%, according to data from the National Bureau of Statistics (NBS). The unemployment rate reached 14.8% in April 2020 after federal and local governments shut down the economy. Thailand Unemployment Rate 1991-2022. The unemployment rate includes workers who currently do not work, although they can do so. Unemployment Insurance Claims (Not Seasonally Adjusted) The following data is from a sample week that includes the 19th of each month: In related data that figures into the state's unemployment rate, there were 425,221 people certifying for Unemployment Insurance benefits during the February 2022 sample week. Before the pandemic, the number of such workers . . The latest figure marked the highest jobless rate since May 2020, amid . 6.1%. Data published Monthly by Ministry of Internal Affairs & Communications. This indicator is measured in numbers of unemployed people as a percentage of the labour force and it is seasonally adjusted. Note: Rates shown are a percentage of the labor force. Albeit the economic growth could be down by 2.6 percentage points, but the government still wants to keep the surveyed unemployment rate in urban areas under 5.5 percent. Unemployment statistics is probably one of the most closely monitored indicators of the labour market. The maximum rate was 7.8 % and minimum was 3.1 %. The federal deficit is . Annual growth rate (%) Apr-2022 China (People's Republic of) (red) Trade in goods and services Indicator: 18.5 Exports % of GDP 2020 China (People's Republic of) % of GDP: Exports % of GDP . Retail sales saw the biggest contraction since March 2020 as they shrank by 11.1% in April from a year earlier, according to China's National Bureau of Statistics. 5.8%. 4.63 %. The unemployed are defined as people without work but actively seeking employment and currently available to start work. In January, the unemployment rate stood at 6.3%. In April 2022, the surveyed unemployment rate in urban areas of China ranged at 6.1 percent, up from 5.8 percent in the previous month. China's surveyed urban unemployment increased to 5.8 percent in March 2022 from 5.5 percent in the previous month. Thailand unemployment rate for 2019 was 0.72%, a 0.05% decline from 2018. What is Unemployment Rate in China? Of those aged 16-24, the jobless rate reached 16% last month, up from 15.3% in February and 14.3% last December. Thailand unemployment rate for 2018 was 0.77% . US Unemployment Rate 3.60% for Apr 2022 Overview . The unemployment rate of the population aged 16-24 rose to 16 percent in March . During the Great Recession, unemployment reached 10% in October 2009. The 13.1% young people's unemployment rate is the same as it was during the first quarter last year, the height of the coronavirus outbreak within China. . China's unemployment rate has steadily dropped from last year's pandemic . New . Thailand unemployment rate for 2020 was 1.02%, a 0.3% increase from 2019. Unemployment Rate in China increased to 6.1 % in the second quarter of 2022. The unemployment rate refers to the unemployed as a percentage of the labour force (also known as the . April 18, 2022. The unemployment rate across cities rose by 0.3 . The number of unemployed workers across the OECD area also continued to fall (by 0 . 2 The April unemployment rate matched . Unemployment for China from National Bureau of Statistics of the People's Republic of China for the China Statistical Yearbook release. The maximum rate was 12.2 % and minimum was 4.7 %. 1 It remained in the single digits until September 1982 when it reached 10.1%. According to the NBS, China's unemployment rate in urban areas grew by 0.1 percentage points to 5.5% in March from February. Data retrieved on February 8, 2022. 8 Feb 2022 - The monthly unemployment rate in the OECD area fell for the eighth consecutive month to 5.4% in December 2021, down from 5.5% in November, bringing it to just 0.1 percentage point above the pre-pandemic rate recorded in February 2020 (see Figure 1). The rise in unemployment came as lockdowns had an impact across the Chinese economy. The participation rate of 65-to-74-year-old women grew from 12.5 percent in 1992 to 16.1 percent in 2002 and to 22.5 percent in 2012. The maximum rate was 6.2 % and minimum was 3.9 %. Overview. Long Term Unemployment Rate in United States increased to 1.07 % in February 2022. China aims to create over 11 million new urban jobs and keep a surveyed urban unemployment rate of no more than 5.5 percent in 2022, according to a government work report. Surveyed urban unemployment rate came in at 6.1% in April, while the figure for 16- to 24-year-olds hit the highest ever recorded. The unemployment rate in Hong Kong for the period from November 2021 to January 2022 was 3.9%, with catering, entertainment-related and tourism-related sectors significantly affected by the pandemic. 11 May 2022 - The unemployment rate in the OECD fell further to 5.1% in March 2022, from 5.2% in February. Xinhua. Due to the coronavirus COVID-19 pandemic, the surveyed . Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Released on:28/4/2022 10:20 AM Summary Table: Unemployment . Of those aged 16-24, the jobless rate reached 16% last month, up from 15.3% in February and 14.3% last December. Data published Monthly by Bureau of Labor Statistics. China has a population of about 180 million migrant workers who reside some of the year in poorer rural areas but work most of the year in cities. Chinese President Xi Jinping had in recent meetings urged top officials to ensure that China's 2022 . Graph and download economic data for Youth Unemployment Rate for China (SLUEM1524ZSCHN) from 1991 to 2020 about 15 to 24 years, China, unemployment, and rate. The unemployment rate includes workers who currently do not work, although they can do so. National Bureau of Statistics of China. China's surveyed urban unemployment increased to 5.8 percent in March 2022 from 5.5 percent in the previous month. Meta Introduces Meta Store . This indicator shows the unemployment rates of people according to their education levels: below upper secondary, upper secondary non-tertiary, or tertiary. Compared with the period from December 2021 to February 2022, almost all major economic sectors from January to March period saw an increase in both the unemployment rate and underemployment rate. In China, Urban Surveyed Unemployment Rate is calculated by a sample survey, which refers to the ratio of urban unemployed population to . . State Labor Department Releases Preliminary February 2022 Area Unemployment Rates China's official, but highly doubted, urban unemployment rate rose to 6.0% in April, from 5.9% in March, according to figures released Friday by the National Bureau of Statistics. Unemployment Rate in Kenya increased to 6.6 % in 2021. . Society Latest Trend Ranking; Elderly population Indicator: 12.0 Total % of population . 2002-2022. Chinese Premier Li Keqiang said the nation is facing a hit to its economy which is worse to a "certain extent" than 2020 when the pandemic surfaced, and needs to reduce its unemployment rate. The unemployment rate for those between the ages of 16-24 -- which captures graduates from school and college -- rose to 16.2% last month from 15.4% in June, data from the National Bureau of . The surveyed employment rate among workers aged between 16 and 24 comprised 14.3%, while those aged between 25 and 59, which represents the majority of the labour market, registered 4.4%. China's ageing population, coronavirus and youth unemployment threaten 2022 job market Official data showed 12.07 million jobs were created in the first 11 months this year, fewer than the 12.79 . For 2021, the global unemployment rate is estimated to be between 6.3-6.5%, depending upon the source. The unemployment rate dipped 0.4% to 4.2% in November. The surveyed urban unemployment rate has remained stubbornly at above five percent since 2019, reaching 5.1 percent at the end of 2021, down from 5.6 percent in 2020. According to the NBS, China's unemployment rate in urban areas grew by 0.1 percentage points to 5.5% in March from February. This was the highest reading since February 2020 and breached the government's target for the jobless rate of 5.5% this year, amid prolonged COVID-19 restrictions following widespread outbreaks in some key cities. BLS expects that this group will continue increasing its participation rate, to 28.3 percent in 2022. The labour force participation rate fell to 58.2% from the previous month. A surge in infections has triggered lockdowns in several major cities -- including the financial, manufacturing and shipping hub of Shanghai.reports Asian Lite News China's consumer spending fell and unemployment rose last month as Covid lockdowns confined millions of people to their homes, official figures show, BBC reported. Retail sales . . In depth view into US Unemployment Rate including historical data from 1948, charts and stats. Data refer to place of residence. That is still an improvement over the Jan. 2021 rate of 4.5%. What is Unemployment Rate in Kenya? China Unemployment Rate 1991-2022. Follow China.org.cn on . For example, today the unemployment rate in South Africa is over 30%, yet it is one of the richest countries in Africa. China's Record-Breaking Unemployment Rates Amid Covid Lockdowns. 2000 - 2020. Looking ahead, the unemployment rate will largely depend on the pace of recovery from the fifth wave of the pandemic. The Chinese government says the country's overall unemployment rate remains stable, fluctuating between 5% and 5.5% in recent months. Historical Data (%) by years. Estimates for the current month are subject to revision the following month. May 6 2022, 08:33 EDT: Next Release: Jun 3 2022, 08:30 EDT: Long Term Average: 5.75%: Average Growth Rate: 2.59%: Value from Last Month: 3.60%: Change from Last Month: The unemployment rate in China is also on the rise, going from 5.4% in February to 6% in March across 31 major cities. GDP rose 4.8% in first quarter from year ago, up from 4% in fourth quarter and higher than 4.2% median estimate in Bloomberg survey of economists. Previous. if they are not working, but are actively looking and available for work. Youth Unemployment Rate in Japan decreased to 3.8 % in February 2022. The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. China's ageing population, coronavirus and youth unemployment threaten 2022 job market Official data showed 12.07 million jobs were created in the first 11 months this year, fewer than the 12.79 . April 29th, 2022. China's unemployment rate fell by 0.5 percentage points year-on-year in 2021, at 5.1%, according to data from the National Bureau of Statistics (NBS). Beloit saw its monthly unemployment rate edge up from 3.5% in December to 4% in January, but that also was an improvement from January . The surveyed urban unemployment rate, which measures the number of unemployed job seekers over the age of 16 against a sample of the population, came in last month at 6.1%, 0.3 . Unemployment rates in China. The unemployment rate in China's 31 largest cities climbed to a new high of 6.7% in April, according to data going back at least to 2018. China: GDP improves in the first quarter, although underlying conditions are grim. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. For example, today the unemployment rate in South Africa is over 30%, yet it is one of the richest countries in Africa. The Chinese unemployment rate measures the percentage of the total urban work force that is unemployed and actively seeking employment during the reported month. The period covers the worst of Hong Kong's Omicron outbreak; we should be seeing the peak of unemployment as targeted business closures lift gradually over the next . Unemployment, total (% of total labor force) (modeled ILO estimate) - China International Labour Organization, ILOSTAT database. (2022) Society at a Glance Publication (2019) Venn, D. (2012 . China unemployment rate for 2020 was 5.00%, a 0.4% increase from 2019. Unemployment remained above 14% from 1931 to 1940. While urban jobless rate fell to 5 percent, unemployment for those between the age of 16-24 was more than double that. GDP growth gained pace to 4.8% year on year in the first quarter, from 4.0% in the fourth quarter of last year. China's urban unemployment rates surged in April, with multiple indicators hitting two-year highs, as Covid lockdowns slowed down economic activity in many regions. Unemployment Rate in Pakistan increased to 4.4 % in 2020. The maximum rate was 10.8 % and minimum was 1.6 %. In this year's government work report, Chinese Premier Li Keqiang projected that gross domestic product would grow by 5.5 percent in 2022, with it being 8.1 percent last year. Data published Quarterly by Ministry of Human Resources and Social Security. Ensuring employment is a core concern for the Chinese government in 2022, following uneven recovery of employment rates since the outbreak of COVID-19. The unemployment rate is defined as the percentage of unemployed workers in the total labor force. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. In depth view into China Unemployment Rate including historical data from 1980, charts and stats. April 18, 2022 The UK employment rate increased by 0.1 percentage points on the quarter to 75.7% but is still below pre-coronavirus (COVID-19) pandemic levels. The unemployment rate is defined as the percentage of unemployed workers in the total labor force. Hawaii unemployment rate: 7.7%. Joblessness reached the highest level since the 0 Comment(s) Print E-mail Xinhua, January 18, 2022 . Next, let's highlight the lists of countries with the highest and lowest unemployment rates in 2022. In December, China's surveyed urban unemployment rate was 5.1 percent, 0.1 percentage points lower than the same period in the previous year. A higher . The unemployment rate of the population aged 16-24 rose to 18.2 percent . The maximum rate was 4.4 % and minimum was 0.08 %. China Unemployment Rate 5.00% for 2020 Overview; Interactive Chart; Level Chart . License : CC BY-4.0. 12 Apr 2022 - Two years since the COVID-19 pandemic began, the unemployment rate in the OECD area fell to 5.2% in February 2022 (from 5.3% in January), dropping for the first time below the pre-pandemic rate recorded in February 2020 (see Figure 1) and reaching the lowest level since the start of this data series in 2001. The unemployment rate in 31 major Chinese cities rose from 5.4% in February to 6% in March, the highest rate ever, according to official data going back to 2018. Chinese President Xi Jinping had in recent meetings urged top officials to ensure that China's 2022 . The unemployment rate in March for those aged 16-24 remained at 16%, the highest rate since August 2020, and the national unemployment rate in cities rose . That's up from 5.3% in January and 5.2 . China Youth Unemployment Rate 1991-2022. What is Unemployment Rate in Pakistan? Participation rate by race and Hispanic or Latino ethnicity. The latest Labour Force Survey (LFS) estimates for January to March 2022 show that over the quarter there was a decrease in the unemployment rate, while the employment and inactivity rates increased. Apr 5 2022, 10:19 EDT: Long Term Average: 3.77%: Average Growth Rate: 1.44%: Value from 1 Year Ago: 4.52%: Change from 1 Year Ago: 10.62%: Frequency: Yearly: Unit: China youth unemployment rate for 2019 was 11.01%, a 0.75% increase from 2018. Read more. For 2021, the global unemployment rate is estimated to be between 6.3-6.5%, depending upon the source. China: Industrial output growth eases in March. 1 That was the highest level of unemployment since the Great Depression . Xinhua. That was much worse than March's 3.5% drop and missed the economists' expectations of a 6.1% fall. Unemployment Rate. Label. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Data. In December, China's surveyed urban unemployment rate was 5.1 percent, 0.1 percentage points lower than the same period in the previous year. # Chart of the Week #. VIDEO 1:16 01:16 The income theme in China . April 2022's unemployment remained steady at a rate of 3.6%, nearly matching pre-pandemic levels of 3.5% in February 2020. The accession of China to the World Trade Organization in 2001 was milestone in the progression of globalization, opening new arenas for investment while dramatically increasing the availability of Chinese exports in world markets. Nevada unemployment rate: 7.7%. The surveyed employment rate among workers aged between 16 and 24 comprised 14.3%, while those aged between 25 and 59, which represents the majority of the labour market, registered 4.4%. China unemployment rate for 2019 was 4.60%, a 0.3% increase from 2018. The unemployment rate in 2022 rises to 6.0 percent, 0.6 point higher than the baseline. The unemployment rate for men was 5.9 % in February 2022, down from 6.0 % in January 2022. (2022) Main Economic . China youth unemployment rate for 2018 was 10.26%, a 0.19% decline from 2017. Unemployment, total (% of total labor force) (modeled ILO estimate) International Labour Organization, ILOSTAT database. Below are the 10 states with the highest unemployment rates based on 2021 annual averages: California unemployment rate: 7.7%. Unemployment by Country 2022. a tile for details. 0 Comment(s) Print E-mail Xinhua, January 18, 2022 . Unemployment rate in the OECD area stabilises at pre-pandemic rate of 5.3% in January 2022 Download the entire news release (graphs and tables included, PDF) 10 Mar 2022 - The monthly unemployment rate in the OECD area was stable at 5.3% in January 2022, the same rate that was recorded in February 2020 just before the pandemic (see Figure 1 . (%) legend. 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