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China's surveyed urban unemployment rate continues to drop in July

Economy

China's surveyed urban unemployment rate continued to drop in July, down from 5.5 percent in June to stand at 5.4 percent last month, data from the National Bureau of Statistics showed Monday.

XinhuaUpdated:  August 15, 2022
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China's surveyed urban unemployment rate continued to drop in July, down from 5.5 percent in June, to stand at 5.4 percent last month, official data showed Monday.

In the first seven months of the year, 7.83 million new urban jobs were created, according to the National Bureau of Statistics.

The surveyed unemployment rate among those aged between 25 and 59, which constitute the majority of the labor market, dropped to 4.3 percent in July, according to the data.

The surveyed unemployment rate in 31 major cities came in at 5.6 percent in July, down 0.2 percentage point from June.

The surveyed urban unemployment rate is calculated based on the number of unemployed people who have participated in the employment survey in urban areas, including migrant workers in cities.