Core Viewpoint - The employment situation in China remains generally stable, but there are significant challenges, particularly for youth and recent college graduates, as indicated by rising unemployment rates in these demographics [1][2][5]. Employment Statistics - In September, the urban surveyed unemployment rate was 5.2%, a decrease of 0.1 percentage points from the previous month, but an increase of 0.1 percentage points compared to the same month last year [2][4]. - The average urban surveyed unemployment rate for the third quarter was 5.2%, which is stable compared to last year but increased by 0.2 percentage points from the previous quarter [4][5]. - The unemployment rate for local registered labor was 5.3%, while for migrant labor it was 4.9%, both showing a decrease of 0.1 percentage points from the previous month [2][4]. Youth Employment Challenges - The unemployment rate for urban labor aged 16-24, excluding students, was 17.8% in July, rising by 3.3 percentage points from the previous month and by 0.7 percentage points from the same month last year [5][6]. - In August, this rate increased to 18.9%, reflecting ongoing difficulties for young job seekers, particularly recent graduates [5][6]. High-Quality Job Opportunities - The ongoing recruitment for civil service positions is attracting many recent graduates, with the 2026 national civil service exam planning to recruit 38,100 positions, and some positions having a competition ratio exceeding 1000:1 [7]. - The high-tech manufacturing sector has shown significant growth, with a 9.6% year-on-year increase in value added for large-scale high-tech manufacturing industries [7][8]. Trends in Graduate Employment - The proportion of recent graduates entering the manufacturing sector has steadily increased from 17.9% in 2020 to 22.5% in 2024, indicating a growing interest in high-end manufacturing jobs [8]. - The increase in employment in high-end manufacturing is attributed to the availability of high-quality job opportunities in digital technology and emerging strategic industries [8][9]. Structural Employment Issues - There is a structural employment issue characterized by a mismatch between available jobs and qualified candidates, with a higher percentage of degree-holding individuals working as digital technology engineers compared to those without advanced degrees [9].
三季度城镇调查失业率5.2%,高质量就业岗位呈现新变化
2 1 Shi Ji Jing Ji Bao Dao·2025-10-20 08:01