china monthly unemployment rate

In the first regular monthly numbers using surveys, Beijing reported a 5.1 percent jobless rate. The most widely cited figure, the surveyed urban unemployment rate issued by the National Bureau of Statistics (NBS), jumped to an all-time high of 6.2 per cent in … The country had a Gross Domestic Product (GDP) of over $9 trillion in 2013. 6.70%. The relationship between foreign-funded enterprises and urban labor market development is dual. Percent, Annual, Not Seasonally Adjusted 1991 to 2019 (Feb 19) Registered Unemployment Rate for the Russian Federation . Unemployment rates can be a good gauge for how the economy is performing in a particular region. Created with Highstock 6.2.0. and over 1 Mio. MR Online is a project of Monthly Review Magazine providing a forum for collaboration and communication between radical activists, writers, and scholars around the world, with original articles, reviews, and news updates on a wide range of topics. Please do not hesitate to contact me. Unemployment has been a serious social issue in China in recent years, in regards to both an increase in quantity and its unequal impact on different social regions. Monthly: Labor Force Employment Jan 2021: 18,272: 18,484: Ths. Chart. This unemployment rate is 0.1 percentage points lower than in January. N/A. US inflation lower; China back in deflation; China FDI growth fades; South Korea unemployment rises; Australian consumer confidence up; UST 10yr at 1.14%; oil … $39 per month* Source: Organization for Economic Co-operation and Development. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook The influence of foreign investment in China has greatly increased since the Open Door Policy was implemented in the early 1980s. Register in seconds and access exclusive features. Yet the official unemployment rate reflected none of that volatility. For comparison, the world average in based on countries is 0.00 percent. ** Estimate published by the IMF. Download the entire news release (graphs and tables included PDF) 13 Jan 2021 - The OECD area unemployment rate continued to decline in November 2020, to 6.9%, from 7.1% in October, but remained 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. Direct access to our calendar releases and historical data. Please authenticate by going to "My account" → "Administration". Historically, the China Unemployment Rate … Jobs and livelihoods, hit by months of coronavirus lockdown, are the top priority. Registered Unemployed and Job Vacancies. India unemployment rate for 2019 was 5.36%, a 0.03% increase from 2018.; India unemployment rate for 2018 was 5.33%, a 0.09% decline from 2017.; India unemployment rate for 2017 was 5.42%, a 0.09% decline from 2016.; India unemployment rate for 2016 was 5.51%, a 0.05% decline … Unemployment rate forecast is defined as the projected value for the number of unemployed people as a percentage of the labour force, where the latter consists of the unemployed plus those in paid or self-employment. Approximately 164,000 jobs were created in July 2019, and the national unemployment rate remained at 3.7%, according to the Bureau of Labor Statistics. China Unemployment Rate is updated quarterly, available from Dec 1999 to Dec 2020, with an average rate of 4.07 %. New, Everything you need to know about the industry development, Find studies from all around the internet. New, Figures and insights about the advertising and media world, Industry Outlook The China Unemployment Rate measures the total number of employees in China that are a part of the labor force, but are without a job. 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. Basic Info. Directly accessible data for 170 industries from 50 countries Since 2018, China has used a monthly survey-based unemployment rate as its main indicator. China’s official 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. China - Unemployment The recovery remains firmly in place, with October indicators signaling still-robust economic dynamics. Inflation Rate in China averaged 5.04 percent from 1986 until 2021, reaching an all time high of 28.40 percent in February of 1989 and a record low of -2.20 percent in April of 1999. We estimate that the urban unemployment rate could reach around 10% on average for 2020, a level comparable to China's jobless picture during the 2008-09 global financial crisis (the Chinese Academy of Social Sciences has estimated that the unemployment rate was 9.4% in 2008). China - Unemployment The recovery remains firmly in place, with October indicators signaling still-robust economic dynamics. (October 13, 2020). The unemployment rate is the number of people currently out of job as a parentage of the available labor force. The Chinese Communist Party's biggest concern is unemployment. Created with Highcharts 5.0.2. In the euro area the unemployment rate in July increased for the fourth consecutive month, to 7.9% (from 7.7% in June and 7.3% in February), with increases of 0.3 percentage point or more in France, Ireland, Italy and Portugal. Short-Term Statistics. For comparison, the world average in based on countries is 0.00 percent. The description is composed by our digital data assistant. In spite of stable aggregate unemployment rates in the OECD and the euro area, in December, the OECD youth unemployment rate (people aged 15 to 24) increased slightly to 14.4% (from 14.2% in November). The China Unemployment Rate measures the total number of employees in China that are a part of the labor force, but are without a job. Percent. Percent, Annual, Not Seasonally Adjusted 1991 to 2019 (Feb 19) Youth Unemployment Rate for Ethiopia . Of course, unemployment rates worldwide rarely are accurate reflections of the current state of affairs, tending instead to lag behind changes. The monthly fall for the OECD as a whole masks strong regional differences. Although both measures are much lower than their April 2020 highs, they remain well above their pre-pandemic levels in February 2020 (3.5 percent and 5.7 … 6.70%. Add To Cart. Monthly. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Are you interested in testing our corporate solutions? Then you can access your favorite statistics via the star in the header. Although both measures are much lower than their April 2020 highs, they remain well above their pre-pandemic levels in February 2020 (3.5 percent and 5.7 … With a population of over 1 billion people. Rate. Markets Commodity Currency Government Bond 10y Stock Market. The current U.S. unemployment rate is 6.2% for February 2021, the Bureau of Labor Statistics (BLS) said in its monthly report, released March 5, 2021. China unemployment rate was at level of 3.8 % in 2020, up from 3.6 % previous year. This figure has improved by 7.5% in 2014. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: * Preliminary figure published by the National Bureau of Statistics of China. China Unemployment Data. There are several series of unemployment statistics in China, offering contradicting reports of the unemployment situation. China - Unemployment rate 3.8 (%) in 2020 China unemployment rate was at level of 3.8 % in 2020, up from 3.6 % previous year. Unemployment refers to the share of the labor force that is without work but available for … The data reached an all-time high of 4.30 % in Dec 2009 and a record low of 3.00 % in Jun 2000. The national unemployment rate averaged 10.2% in the November-January rolling quarter, down from a 2020 peak of 13.1% in May-July but sharply up from 7.4% a year earlier. Youth Unemployment Rate for China . Value. Date. #, SA: Monthly: Unemployment Jan 2021: 1,899: 1,773: Ths. But pinning a reliable figure on the vital statistic is especially difficult in China. Download historical data for 20 million indicators using your browser. Registered Unemployment Rate for China. Jobs and livelihoods, hit by months of coronavirus lockdown, are the top priority. 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. The ongoing pandemic has continued to disrupt the labor market, with many businesses still operating at below capacity. Then you will be able to mark statistics as favourites and use personal statistics alerts. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. Learn more about how Statista can support your business. Jun 2019. Current US Unemployment Rate is 6.30%. 4.33 %. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The data is reported by reported by CEIC Data. This feature is limited to our corporate solutions. China – Surveyed urban unemployment rate reports monthly drop in September (ECNS) Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. The unemployed are people of working age who are without work, are available for work, and have taken specific steps to find work. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Unemployment Rate in China remained unchanged at 5.20 percent in December from 5.20 percent in November of 2020. NaN%. Corporate solution including all features. On 29 October, China’s top leadership finalized the blueprint of the 14th Five-Year Plan (2021—2025) and unveiled its “Vision 2035” program, which intends to catapult China to “moderately developed economy” status in 15 years. China – Surveyed urban unemployment rate reports monthly drop in September (ECNS) Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. facts. Published by C. Textor, Oct 22, 2020 In 2019, the unemployment rate in urban areas of China ranged at about 3.6 percent. The average value for China during that period was 4.37 percent with a minimum of 2.63 percent in 1991 and a maximum of 5.22 percent in 2009. 3.61 %. Max. The unemployed are people of working age who are without work, are available for work, and have taken specific steps to find work. Monthly, Not Seasonally Adjusted Jan 1983 to Dec 2020 (Feb 17) Annual, Not Seasonally Adjusted 1983 to 2020 (Feb 17) Youth Unemployment Rate for China . OECD unemployment rate further declines to 6.9% in November 2020. Profit from additional features by authenticating your Admin account. The latest value from is percent. Registered Unemployed and Job Vacancies. By Year. Nov 1, 2020. The unemployment rate of an individual country is usually calculated and reported on a monthly, quarterly, and yearly basis by the National Agency of Statistics. Federal government websites often end in .gov or .mil. Youth unemployment In June 2020, 2.962 million young persons (under 25) were unemployed in the EU, of whom 2.360 million were in the euro area.In June 2020, the youth unemployment rate was 16.8% in the EU and 17.0% in the euro area, up from 16.2% and 16.5% respectively in the previous month. Dec 1, 2020. Both the unemployment rate, at 6.2 percent, and the number of unemployed persons, at 10.0 million, changed little in February. China New Bank Loans Surprise on the Upside, China Producer Price Inflation at Over 2-Year High, China Consumer Prices Fall Less than Expected, China Exports Surges 61% in January-February, China Services Activity Growth Slows to 10-Month Low, US Job Openings Rise Unexpectedly in January, Brazilian Equities Trade Higher on Stimulus, US Stocks Rally amid Stimulus, Falling Claims, Baltic Exchange Dry Index Hovers Around 5-Month High, US Initial Jobless Claims Lower than Forecasts, German 10-Year Bund Yield Falls to 1-Week Low, Spanish Stocks Extend Gains to Over 1-Year High. The .gov means it's official. Then in 1995-2002, the unemployment rate rose rapidly, by one percentage point per year, as SOEs shed massive numbers of workers and rural migrants flooded the cities in search of jobs. SOEs went from employing 60 percent of China's workforce in 1995 to 30 percent in 2002. China is the second largest economy in the world. In March, the surveyed unemployment rate in … Singapore’s unemployment rate had been steadily rising since the first quarter of 2018 when the overall unemployment rate was at 2.0 per cent, before COVID-19 compounded the situation. This would mean an additional 22m unemployed in cities. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Monthly updates of China’s survey-based urban unemployment rate will be released from April, the country’s National Bureau of Statistics said Wednesday in response to a Bloomberg News query. China’s new unemployment measure has a big job ahead. Units In % Next Release. Statista. 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 Unemployment Rate increased to 4.24 % in Dec 2020, from the previously reported number of 4.19 % in Sep 2020. IMF. The year of 2020 was an unusual year in the history of the People’s Republic of China, as the country faces complicated international situations, arduous tasks in seeking reform, development and stability at home and heavy blows from the COVID-19 epidemic in particular. Both the unemployment rate, at 6.2 percent, and the number of unemployed persons, at 10.0 million, changed little in February. 1980 1990 2000 2010 1985 1995 2005 1980 1985 1990 1995 2000 2005 2010 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5. Unemployment rate. $50.00. In China, Urban Surveyed Unemployment Rate is calculated by a sample survey, which refers to the ratio of urban unemployed population to the sum of the employed population and the unemployed population. Employment increased in professional and technical services, health care, social assistance, and financial activities. National Bureau of Statistics of China. "Unemployment rate in urban China from 2008 to 2018 with forecasts until 2025." Average annual salary of an employee in China 2019, by region, Average annual salary of an employee in China 2009-2019, Minimum wage per hour in China 2020, by region. The latest value from is percent. Unemployment Rate for Taiwan (Province of China) from Directorate General of Budget, Accounting and Statistics (DGBAS) - Taiwan for the Manpower Survey Results release. "Unemployment Rate in Urban China from 2008 to 2018 with Forecasts until 2025. Jun 2019. In, IMF. 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. Measuring tape. (billed annually). Facts on China unemployment rate Facts and figures . Feb 2020. According to the National Bureau of Statistics, the unemployment rate in June 2020 for those between 25 and 29 was 5.2 percent, 0.5 percentage points lower than the average unemployment rate. #, SA: Monthly: Total Employment Jan 2021: 18,272: 18,484: Ths. China's job market remained stable in March, seeing lower unemployment rate, official data showed Wednesday. Monthly, Not Seasonally Adjusted Jan 1983 to Dec 2020 (Feb 17) Annual, Not Seasonally Adjusted 1983 to 2020 (Feb 17) Youth Unemployment Rate for China . Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. The official jobless rate stood at 7.0% in the three months to end-January 2021, up from 3.3% in the October-December 2019 period, government data show. On 29 October, China’s top leadership finalized the blueprint of the 14th Five-Year Plan (2021—2025) and unveiled its “Vision 2035” program, which intends to catapult China to “moderately developed economy” status in 15 years. The labor force participation rate also declined on a year-ago basis, preventing a higher unemployment rate. China - Unemployment. In the euro area the youth unemployment rate increased to 18.5% (from 18.1% in November), the second consecutive monthly increase. ", IMF, Unemployment rate in urban China from 2008 to 2018 with forecasts until 2025 Statista, https://www.statista.com/statistics/270320/unemployment-rate-in-china/ (last visited March 11, 2021), Unemployment rate in urban China from 2008 to 2018 with forecasts until 2025, Labor force vs number of employed persons in China 2009-2019, Female labor participation rate in China 2009-2019, Male labor participation rate in China 2009-2019, Number of employed people in China 2009-2019, Distribution of the workforce across economic sectors in China 2019, Number of employed persons in China 2019, by work unit, Employment in urban non-private units in China 2019, by industry, Employment in urban private units and self-employment in China 2019, by industry, Number of employed people in urban units in China 2019, by region, Employment in urban private units and self-employment in China 2019, by region, Quarterly unemployment rate in China Q4 2015-Q4 2020, Monthly surveyed urban unemployment rate in China December 2020, Number of unemployed people in urban China 2019, Unemployed people in urban China 2019, by region, Unemployment insurance revenue and expenditure in China 2019, Contributors and beneficiaries of unemployment insurance in China 2009-2019, Average salary of an employee in urban China 2019, by sector, Monthly minimum wage in China 2020, by region, Number of migrant workers in China 2009-2020, Distribution of migrant workers in China 2019, by age, Distribution of migrant workers China 2011-2019, by gender, Distribution of migrant laborers China 2015-2019, by education, Regional distribution of migrant laborers in China by place of origin 2019, Monthly income of migrant workers in China 2017-2019, by industry, Unemployment rate among different age groups South Korea 2021, Unemployment rate in Angola 2018-2019, by gender, Monthly unemployment rate in Russia August 2020, Monthly unemployment rate in the EU and Euro area June 2020, U.S. youth unemployment rate by state in 2012, Monthly unemployment rate in the United Kingdom June 2020, Total number of employees in the mineral industry Taiwan 2017-2019, by sector, Working and non-working age population in Poland 2018, by gender, Russian recruitment market vacancies in 2018, by sector, Employed persons by public and private sector in Poland 2008-2018, Labor force participation rate of Pacific Peoples by region New Zealand 2019, Number of employees in Tianjin, China 2009-2019, by sector, Total number of hours worked in the chemical industry in the Netherlands 2004-2014, Occupation of artists as percentage of all artists in the U.S. 2003-2005, Annual change of the unit labor costs in the Netherlands 2015-2021, Total number worked hours in the wood and paper industry in the Netherlands 2004-2014, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, the unemployment rate in northeastern regions of China. #, SA: Monthly: Unemployment Rate Jan 2021: 9.4: 8.8 %, SA: Monthly Approximately 164,000 jobs were created in July 2019, and the national unemployment rate remained at 3.7%, according to the Bureau of Labor Statistics. 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 average value for China during that period was 3.38 percent with a minimum of 1.8 percent in 1985 and a maximum of 4.9 percent in 1980. Hong Kong’s unemployment rate has more than doubled over the past year as the impact of the coronavirus epidemic devastated the economy which contracted by a record 6.1% in 2020. Before sharing sensitive information, make sure you're on a federal government site. October 13, 2020. 2002 - 2020. In March, the surveyed unemployment rate in … China’s official unemployment rate is typically stable, hovering around 4-5% for decades. This page provides forecast and historical data, charts, statistics, news and updates for Taiwan (Province of China) Unemployment Rate. Unfortunately, this official rate is worthless as an indicator of the China’s labor market conditions. One possible reason is that China’s official unemployment rate has been remarkably stable at roughly 4 percent for decades, seemingly unaffected by the economy’s ups and downs. China: Unemployment rate for males: For that indicator, we provide data for China from 1991 to 2020. Please create an employee account to be able to mark statistics as favorites. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. The development of China's internet economy has also expanded the terrain of flexible employment. The Trading Economics Application Programming Interface (API) provides direct access to our data. fred.stlouisfed.org. China's job market remained stable in March, seeing lower unemployment rate, official data showed Wednesday. 6.2 %. In December 2020, the surveyed unemployment rate in urban areas of China ranged at 5.2 percent, unchanged from November 2020. Current unemployment rate: 3.8% (October 2018) Average unemployment rate: 3.8% (1969-2017) Maximum unemployment rate: 6% (2016) Minimum unemployment rate: 1.2% (1973) Unemployment Explained. Unemployment rates can be a good gauge for how the economy is performing in a particular region. Non-estimates are identical to figures from the National Bureau of Statistics of China. By Month. Publish your articles and forecasts in our website. Employment increased in professional and technical services, health care, social assistance, and financial activities. ... Short-Term Labour Market Statistics : Monthly Unemployment Rates Customise. Please contact us to get started with full access to dossiers, forecasts, studies and international data. The Chinese Communist Party's biggest concern is unemployment. 3.61 %. Percent. Labour force participation rate. Update, Insights into the world's most important technology markets, Advertising & Media Outlook China: Unemployment rate forecast: For that indicator, we provide data for China from 1980 to 2024. Percent, Annual, Not Seasonally Adjusted 1991 to 2019 (Feb 19) Registered Unemployment Rate for the Russian Federation . # % Change 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 800 850 900 950 1,000 1,050 -5% -2.5% 0% 2.5% 5% 7.5%. This page provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Youth Unemployment Rate. 10 Ths. Accessed March 11, 2021. https://www.statista.com/statistics/270320/unemployment-rate-in-china/, IMF. You only have access to basic statistics. Unemployment rate in urban China from 2008 to 2018 with forecasts until 2025 [Graph]. China Corporates Snapshot - October 2020: Unemployment Pressure Eases, But Graduates Face Fiercer Competition Thu 29 Oct, 2020 - 3:17 AM ET Unemployment Eases from COVID-19 Hit China’s surveyed unemployment rate in urban areas eased to 5.4% in September from 6.2% in February 2020, when measures to contain the coronavirus were toughest. Feb 2020. Unemployment Rate in China averaged 4.52 percent from 2002 until 2020, reaching an all time high of 6.20 percent in February of 2020 and a record low of 3.90 percent … Time to Release ... 6.2 %. US Unemployment Rate table by month, historic, and current data. Percent.

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