China’s youth jobless rate drops to 17.3% in October

BEIJING (Reuters) -China’s jobless rate for 16-to-24-year-olds, excluding college students, stood at 17.3% in October, slightly down from 17.7% the month prior, data from the National Bureau of Statistics showed on Tuesday.

The unemployment rate for 25-to-29-year-olds, excluding students, remained unchanged at 7.2% from a month earlier, while the jobless rate for 30-to-59-year-olds fell to 3.8% from 3.9%, the data showed.

(Reporting by Beijing Newsroom; Editing by Jacqueline Wong)

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