China: unemployment

 

 

 

The graph tracks Chinese unemployment from 1980 to 2009; as it shows, the rate peaked at 4.9 per cent in 1980, then dropped to its lowest point — 1.8 per cent — in 1985.

Unemployment now stands at 4.3 per cent. It has been difficult to contain following huge lay-offs from previously inefficient state-owned enterprises.