Unemployment rates for younger urban residents falling

The unemployment rates for 16- to 24-year-olds and 25- to 29-year-olds in urban areas, excluding students, have decreased for three consecutive months, according to figures released by the National Bureau of Statistics on Wednesday.

Last month, the jobless rate for the younger cohort fell by 1 percentage point to 13.2 percent, while that for the older age group stood at 6.4 percent, down 0.2 of a percentage point from May.

Bureau figures show that the rate for those aged 30 to 59 stabilized at 4 percent in May and June.