China's inflation dipped to a 30-month low in July, giving policymakers a bigger cushion to boost stimulus measures to spur economic growth. Consumer prices rose by 1.8% in July, from a year earlier. That was down from a 2.2% growth rate in June and a 3% rise in May.
One of the reasons to why there as an increase in unemployment.
Last year, 86 million Americans were not counted in the labor force because they didn't keep up a regular job search. Most of them were either under age 25 or over age 65.
Since unemployment is when a worker is willing and able to work at a given wage rate but there is no job (work) available, when they have given up to look for a job they are not counted in the unemployment rate anymore.