Unemployment rate · China

China Unemployment Rate

The China Unemployment Rate measures the share of the labour force in China, people working or actively looking for work, who have no job but want one.

Wichtigkeit
High
Veröffentlicht
Monthly
Nächste Veröffentlichung
Währung
CNH · Chinese yuan (renminbi)
Zentralbank
The People's Bank of China
Bewegt
GAUCNH · USDCNH · XAUCNH

Neueste Zahlen

Die letzte Veröffentlichung, für SEP, erschien am 2026-10-19 und lag bei 5.2%. Das liegt unter dem Konsens von 5.3%. Das ist weniger als 5.3% beim letzten Mal.

A lower unemployment rate than expected signals a tight labour market: it tends to support the Chinese yuan (renminbi) and push bond yields up.

In den letzten 12 Veröffentlichungen lag der Wert zwischen 5.0% und 5.4%, im Schnitt 5.2%.

Oct 2025: 5.2%Nov 2025: 5.1%Dec 2025: 5.1%Jan 2026: 5.1%Mar 2026: 5.3%Apr 2026: 5.4%May 2026: 5.2%Jun 2026: 5.1%Jul 2026: 5%Aug 2026: 5.2%Sep 2026: 5.3%Oct 2026: 5.2% Oct 2025Oct 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
19 Oct 2026SEP5.2%5.3%5.3%
15 Sep 2026AUG5.3%5.2%5.2%
17 Aug 2026JUL5.2%5.1%5%
15 Jul 2026JUN5%5.1%5.1%
16 Jun 2026MAY5.1%5.2%5.2%
18 May 2026APRIL5.2%5.3%5.4%
16 Apr 2026MARCH5.4%5.2%5.3%
16 Mar 2026FEB5.3%5.1%5.1%
19 Jan 2026DEC5.1%5.2%5.1%
15 Dec 2025NOV5.1%5.1%5.1%
14 Nov 2025OCT5.1%5.2%5.2%
20 Oct 2025SEP5.2%5.3%5.3%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

Full employment is part of most central banks' mandate. A falling unemployment rate means a tighter labour market, faster wage growth and more inflation pressure, which can keep the People's Bank of China hawkish; a rising rate is one of the clearest recession signals (the US "Sahm rule" flags a 0.5-point rise in the three-month average).

So wird gerechnet

the National Bureau of Statistics (NBS) usually runs a household survey: people are counted as unemployed if they had no work, were available and looked for a job recently. The rate is unemployed ÷ (employed + unemployed). Registered jobless and claimant counts instead count people signed on for benefits. Participation is the labour force ÷ working-age population.

Unemployment rate = unemployed ÷ labour force × 100
Labour force = employed + unemployed

Was Veränderungen bedeuten

  • A lower rate than expected usually supports the Chinese yuan (renminbi).
  • Check participation: unemployment can fall because people stop looking, which is not good news.
  • Broader measures (US U-6) include part-timers who want more hours.

Höher als erwartet: A higher unemployment rate than expected points to a weakening labour market: the Chinese yuan (renminbi) tends to soften as markets price in lower rates.

Niedriger als erwartet: A lower unemployment rate than expected signals a tight labour market: it tends to support the Chinese yuan (renminbi) and push bond yields up.

Eine kurze Geschichte

Systematic unemployment statistics began in the 1930s Depression; the International Labour Organization's definition, adopted in 1982, is used by most countries today.

Fragen

What is the China Unemployment Rate?

The China Unemployment Rate measures the share of the labour force in China, people working or actively looking for work, who have no job but want one.

What was the latest China Unemployment Rate?

5.2% for SEP, published on 19 October 2026 (consensus 5.3%, previous 5.3%).

When is the next China Unemployment Rate?

On Monday 16 November 2026 at 02:00 UTC.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.