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China's job market preps for impact as record graduate wave approaches

Despite an easing of China’s youth unemployment rate in June, the country is steeling itself for a challenging job-hunting season as a record number of fresh graduates prepares to enter the labour market. The urban jobless rate for those aged 16 to 24, excluding students, dipped to 14.5 per cent last month – more than one in seven people – from 14.9 per cent in May, according to data released by the National Bureau of Statistics (NBS) on Thursday. While this marked the fourth consecutive month...


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