Economic Buzz: China jobless rate climbs to 5.2% as migrant unemployment worsens

China?s surveyed urban unemployment rate rose to 5.2% in July from 5.0% in June. Unemployment among migrant workers increased to 5.2% from 4.9%, pointing to softer labour-market conditions. The rate across 31 major cities also climbed to 5.2%. However, the January-July average remained steady at 5.2%, unchanged from the first six months and the same period last year.

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