FX.co ★ China Youth Jobless Rate Falls to 11-Month Low in May

In May, China's unemployment rate for individuals aged 16 to 24, not including college students, decreased to 14.9%, marking its lowest point in 11 months, according to statistics released by the National Bureau of Statistics on Wednesday. Additionally, earlier data revealed that the overall surveyed unemployment rate in the country fell to a six-month low of 5% in May, narrowly undercutting market expectations and the previous month's rate of 5.1%.