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Shanghai lockdown: China unemployment rate near pandemic peak.

2022-05-30 | Japan: Foreign affairs

 

Shanghai lockdown: China unemployment rate near pandemic peak.
China's jobless rate rose to 6.1% in April, the highest level since the 6.2% peak seen in the early part of the Covid-19 pandemic in February 2020.
It comes as widening lockdowns led to a sharp slowdown in activity for the world's second largest economy.
Official figures also show retailers and manufacturers were hit hard.

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