The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month. That's up from 17.1% in July, and 13.2% in June.
China 's youth unemployment hit a fresh high since the new record-keeping process was implemented in December.Str | Afp | Getty Images
China paused reporting the youth unemployment rate for much of the latter half of last year while it reassessed its calculation methods. The updated jobless rate for young people excludes those who are still in school, reflecting the increasing number of individuals pursuing higher education in a more competitive job market.
China's youth unemployment has also been affected by restrictive hiring policies amid a struggling economy as companies are refusing to hire recent college graduates due to the difficulty and costs involved in firing workers in China.
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