China Faces Ongoing Job Market Pressures Despite Promising Start to 2022
- China still faces structural employment issues and overall pressure on jobs has not eased
- The job market has seen a good start this year, especially in AI and big data jobs
- China could see 11.79 million college graduates this year
- More than 1 in 5 Chinese youth aged 16-24 were unemployed in June 2022
- China aims to create over 12 million new urban jobs this year and keep unemployment around 5.5%