Jul 15, 2022 08:48 PM

Shanghai Jobless Rate Soars Amid Covid-19 Lockdowns

What’s new: Shanghai’s urban unemployment rate climbed to 12.5% in the second quarter, according to the National Bureau of Statistics, making it the only province-level area in China with a double-digit jobless level during the period.

After enduring severe Covid-19 lockdowns in April and May, unemployment in the city is now double the national average of 5.8%. Its half-year figure of 8.9% is also 3.2 percentage points higher than the national level.

You've accessed an article available only to subscribers
Share this article
Open WeChat and scan the QR code
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription