China sees steady employment in Jan-Aug

BEIJING/, Sep 16 (XINHUA/APP):China’s job market remained generally stable in the first eight months of the year, with the number of newly created jobs achieving 89.5 percent of this year’s target.

A total of 9.84 million new urban jobs were created during the January-August period, the National Bureau of Statistics (NBS) said Monday.

The surveyed urban unemployment rate dropped 0.1 percentage points to 5.2 percent last month, NBS data showed.

The surveyed unemployment rate among the people aged between 25 and 59, who represent the majority of the labor market, stood at 4.5 percent last month, down from 4.6 percent in July, data from the NBS showed.

Meanwhile, the surveyed unemployment rate in 31 major cities was 5.2 percent, said the NBS.

The surveyed urban unemployment rate is calculated based on the number of unemployed people who have participated in the employment survey in urban areas, including migrant workers in cities.

It was first introduced in 2014 to better reflect the job market and serve as a supplement to the registered urban unemployment rate compiled by the Ministry of Human Resources and Social Security.

Leave A Reply

Your email address will not be published.