China unveils urban survey unemployment rate

BEIJING–China unveiled its official survey of unemployment reports, an addition to its list economic indicators that should help policy makers and analysts better gauge the state of the economy.

Starting this month, China will release its survey unemployment rate for large cities on a monthly basis, the National Bureau of Statistics said Tuesday.

The national urban survey unemployment rate stood at 5.1% at the end of March, slightly higher than the 5.0% recorded for the first two months of the year, the statistics bureau said.

March’s rate shows that the…

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