China Added 13.52 Million Urban Jobs in 2019
Official data points to the creation of over 13 million new jobs in China’s urban areas in 2019.
Figures from the Ministry of Human Resources and Social Security (MOHRSS) indicates that China saw the creation fo 13.52 million new urban jobs in 2019, while the national registered urban unemployment rate stood at 3.62% as of the end of last year.
“Jobs creation work is making progress while holding steady, as well as benefiting from continued strengthening of the ability of economic growth to drive employment,” said MOHRSS official Zhang Ying (张莹) at a press conference held on 14 January.
2019 also a saw a full-year reduction of 425.2 billion yuan in fees paid for basic pension funds, unemployment insurance and occupational insurance by enterprise workers, ahead of the target of 310 billion yuan set at the start of the year.