China Unemployment Rate

Country: China, CNY
Importance:
Medium
Sector: Labor
Last release
Actual
5.1%
Forecast
5.2%
Previous
5.2%
Next release
Actual
Coming in 27 days
Forecast
5.0%
Previous
5.1%
Date (GMT)
Reference
Actual
Forecast
Feb 2019
5.3%
Dec 2018
4.9%
Nov 2018
4.8%
Oct 2018
4.9%
Sep 2018
4.9%
Aug 2018
5.0%
Jul 2018
5.1%
Jun 2018
4.8%
May 2018
4.8%
Apr 2018
4.9%
Mar 2018
5.1%

Unemployment Rate is a percentage of unemployed workers in relation to China's total civilian labor force. The indicator is calculated based on seasonally adjusted data. A decline in the unemployment rate is an indication of an increase in the purchasing power of the population, which can stimulate the national economy and thus have a positive effect on the yuan quotes.

News