China Economy 2024 Unemployment Rate. It was the highest level since february, reflecting the impact of graduation season. China’s surveyed unemployment rate was at 5.3% in august 2024, compared with market expectations and july's reading of 5.2%.

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The urban surveyed unemployment rate in 31 major cities was 5.0 percent.