February unemployment rate for 16-24 year-olds excluding students fell to 16.1%

WealthCoffee

2026-03-19 09:34:46

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Caixin: In February 2026, the unemployment rate for the 16-24 age group not enrolled in school continued to decline but remained significantly higher than the overall unemployment rate. The unemployment rates for the 25-29 and 30-59 age groups increased due to the Spring Festival but were still better than the same period in 2025.

According to the age-specific labor force survey released by the National Bureau of Statistics on March 19, the unemployment rate for the 16-24 age group not enrolled in school was 16.1% in February 2026, down 0.2 percentage points from January, marking eight consecutive months of decline since August 2025. The unemployment rate for the 25-29 age group rose 0.4 percentage points to 7.2%, and the 30-59 age group increased by 0.2 percentage points to 4.2%, possibly influenced by the Spring Festival. The unemployment rates for these three age groups were 0.8, 0.1, and 0.1 percentage points lower than the same period in 2025, respectively.

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