Unemployment Rate in China increased to 3.62 percent in the fourth quarter of 2019 from 3.61 percent in the third quarter of 2019. Unemployment Rate in China averaged 4.07 percent from 2002 until 2019, reaching an all time high of 4.30 percent in the fourth quarter of 2003 and a record low of 3.61 percent in the second quarter of 2019. source: Ministry of Human Resources and Social Security, China
Unemployment Rate in China is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in China to stand at 4.00 in 12 months time. In the long-term, the China Unemployment Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.