china unemployment rate world bank
China unemployment rate for 2018 was 4.28%, a 0.17% decline from 2017. The high unemployment and poverty rate of the fast-growing 8.2 million population adds to the state's weak socio-economic standards. Source: World Bank > China > China Unemployment Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. Male unemployment rate in China 2011, by age and registration Duration of successful job search in the U.S. 2007-2014 Female employment figures in Europe 2015, by country China unemployment rate for 2019 was 4.32%, a 0.04% increase from 2018. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. It presents the most current and accurate global development data available, and includes national, regional and global estimates. TCdata360 is an initiative of the World Bank Group's Macroeconomics, Trade & Investment Global Practice which helps countries achieve the Bank Group's twin goals. China unemployment rate, percentage of total Chinese labor force. Unemployment Rate in China remained unchanged at 5.20 percent in December from 5.20 percent in November of 2020. However, unemployment in China is difficult to measure, particularly as official unemployment statistics are inconsistent with ILO definitions (Knight and Xue 2004). It presents the most current and accurate global development data available, … World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. The actual unemployment rate is thought to be much Unemployment rates in Egypt, Iran, Jordan, Lebanon, Libya, Tunisia and Yemen (the MENA 7) have remained stubbornly high, particularly among youth (15–24 years) with an average rate of 22 percent for young males and 39 percent for young females. For instance, Myanmar had only 0.8% unemployment in 2019, but its GDP per capita was $1,408, according to the World Bank. The official registered unemployment rate in China has increased steadily from 2.9% in 1995 to 4.2% in 2005 (NBS 2005). With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 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 in September of 2002. Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) Unemployment refers to the share of the labor force that is without work but available for and seeking employment. China unemployment rate for 2017 was 4.44%, a 0.09% decline from 2016. World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources.