Unemployment Rate 2024 China. China unemployment rate for 2021 was 4.55%, a 0.45% decline from 2020. In china, the number of new graduates entering the labor market is also rising—to nearly 12 million in 2024, and there aren’t enough jobs to keep pace, especially as regulatory burdens are dampening growth in industries most likely to employ young people such as technology.

An official said that the. Unemployment rate in china increased to 5.30 percent in august from 5.20 percent in july of 2024.