China to Halt Youth Jobs Data, Stoking Transparency Concerns

  • China will pause publishing data on its soaring youth unemployment rate to iron out complexities in the numbers, fanning investor fears about data transparency in the world’s second-largest economy.
  • The jobless rate for people aged between 16 and 24 won’t be released from August until surveying methods have been improved, the National Bureau of Statistics said at a Tuesday briefing. That means July’s data will not be released.
  • The decision to withhold a high-profile data point is the latest example of diminishing access to information in China, as President Xi Jinping’s government more closely guards economic data it deems sensitive.

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