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CN Oct National Urban Surveyed Unemployment Rate at 5.1%, vs Mkt Expected 5.2%
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China's average national urban surveyed unemployment rate for 10M25 was 5.2%, as announced by the National Bureau of Statistics (NBS). For October alone, the national urban surveyed unemployment rate was 5.1%, a decrease of 0.1 ppt from September, compared to a market expectation of 5.2%.

The surveyed unemployment rate for local household registration labor force was 5.3%, while the surveyed unemployment rate for non-local household registration labor force was 4.7%.

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Of which, the surveyed unemployment rate for non-local agricultural household registration labor force was 4.5%. The urban surveyed unemployment rate for 31 major cities was 5.1%, down 0.1 ppt from September.
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