China rolled out a new measure of youth unemployment. It shows the nation's labor market is still a mess, think tank says

• China released a revised youth unemployment figure after not publishing data since June 2023.
• The new metric excludes students. December's youth unemployment stood at 14.9%.
• But this is still above broader joblessness and points to continued headwinds, Atlantic Council fellow Nicole Goldin wrote.

China's youth unemployment rate is once again available to the world, after a six-month blackout period where no new figures were published. Joblessness looks to have dropped considerably since the data was last released in June.