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<Econ>CN Mar Urban Surveyed Unemployment Rate 5.4%, vs Forecast 5.2%
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The average urban surveyed unemployment rate across China for 1Q26 was 5.3%, flat YoY, implying that the overall employment situation remains stable, according to data released by the National Bureau of Statistics (NBS). In March, the nationwide urban surveyed unemployment rate stood at 5.4%, higher than the market consensus of 5.2%. The urban surveyed unemployment rate in 31 major cities was 5.3%. The average weekly working hours of enterprise employees nationwide was 48.1 hours. Auto-translated by AI AASTOCKS Financial News |
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