China youth jobless rate drops to 12-month low in June

BEIJING (Reuters) -The jobless rate for 16- to 24-year-olds in China, excluding college students, dropped to a 12-month low of 14.5% in June, data from the National Bureau of Statistics showed on Thursday.

The unemployment rate for 25- to 29-year-olds, excluding students, slid to 6.7% from 7.0% a month earlier, while the jobless rate for 30- to 59-year-olds climbed to 4.0% from 3.9%, the data showed.

(Reporting by Beijing Newsroom; Editing by Muralikumar Anantharaman)

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