The Wall Street JournalThe Wall Street Journal

The problem that won’t go away in China: High youth unemployment

By Stella Yifan Xie

22 May 2023 · 5 min read

China's failure to reverse a sharp rise in youth unemployment is becoming a bigger headache for Beijing, with many economists saying the problem reflects a structural "jobs mismatch." The WSJ reports.

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HONG KONG—China’s failure to reverse a sharp rise in youth unemployment is becoming a bigger headache for Beijing, with many economists saying the problem reflects a jobs mismatch that could defy government solutions for years.

Joblessness among young people aged 16 to 24 rose to a record of 20.4% in April, significantly higher than a few months ago and far above the prepandemic rate of 13% or lower in most of 2019.

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