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China Jobless Rate Hits 5-Month High

China’s surveyed urban unemployment rate rose to 5.3% in August 2026 from 5.2% in the previous month, surpassing market expectations of 5.2% and marking the highest reading since March. Among the locally registered labor force, the jobless rate increased to 5.3% from 5.2% in July, while the rate for migrant workers rose to 5.2% from ...

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