Breaking News

Chinese Unemployment Rate

Latest Release

May 16, 2023

Actual

5.2%

Forecast

5.3%

The Chinese unemployment rate measures the percentage of the total urban work force that is unemployed and actively seeking employment during the reported month. A higher than expected reading should be taken as negative/bearish for the CNY, while a lower than expected reading should be taken as positive/bullish for the CNY.

Importance:

Country:

Currency: CNY

Source: National Bureau of Statistics...

Release Date	Time	Actual	Forecast	Previous
Jun 14, 2023 (May)	22:00			5.2%
May 15, 2023 (Apr)	22:00	5.2%	5.3%	5.3%
Apr 17, 2023 (Mar)	22:00	5.3%	5.5%	5.6%
Mar 14, 2023 (Feb)	22:00	5.6%		5.5%
Jan 16, 2023	22:00	5.5%	6.0%	5.7%
Dec 14, 2022	22:00	5.7%		5.5%

News

Chinese economic recovery on track as Q1 GDP beats estimates By Investing.com - Apr 17, 2023 5

By Ambar Warrick Investing.com -- China’s economy grew more than expected in the first quarter of 2023, data showed on Tuesday, indicating that a recovery was largely on track after the country...

Retail sales, Credit Suisse low, China underwhelms - what's moving markets By Investing.com - Mar 15, 2023 33

By Geoffrey Smith Investing.com -- The bond market swings back to expecting a 25 basis point hike from the Federal Reserve next week as the kneejerk reaction to last week's bank collapses fades....

Chinese industrial production rises in Feb, but misses expectations By Investing.com - Mar 14, 2023

By Ambar Warrick Investing.com -- Chinese industrial production rose slightly less than expected in February as manufacturing activity logged a somewhat staggered recovery despite the lifting of...

Analysis

Heading Into The Weekend, The U.S. Dollar's Downside Momentum Stalls By Marc Chandler - Aug 12, 2022

The markets are putting the finishing touches on this week’s activity. Japan, returning from yesterday’s holiday bought equities, and its major indices jumped more than 2%. China, South...

Euro Struggles For Parity; U.S. Dollar Strength Weighs On Global Currencies By Jeffrey Halley - Jul 12, 2022

Things sure are looking messy out there right now, especially in forex land where the euro is within a hair’s breadth of trading at parity with the US dollar this morning. Yesterday, the single...

Is A 0.3% Miss On Headline CPI Really Worth The 77 Bp Rise In Fed Funds Rates? By Marc Chandler - Jun 15, 2022 1

Better than expected Chinese data and an unscheduled ECB meeting were the highlights ahead of the North American session that features the May US retail sales report and other high frequency data...

Chinese Unemployment Rate Discussion

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All Comments (1)

Simon Ting Mar 13, 2019 10:50PM ET

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Should let Trump know this. US unemployment rate only 3.8%, much lower than China 5.3%!!

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