China’s jobless rate for young people eases to 16.9% as graduates settle for less


China’s youth-unemployment rate ticked lower in November, though competition remains fierce for university graduates trying to find work that matches their qualifications.

The jobless rate for those aged 16 to 24, excluding students, fell to 16.9 per cent in November from 17.3 per cent in October, according to data released by the National Bureau of Statistics on Thursday.

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