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66m jobs created over past 5 years
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CHINA created over 66 million urban jobs over the past five years, official data showed.
Over the five years, 90 percent of college graduates found jobs and more than 1.1 million redundant workers resulting from China’s excess production capacity cuts were re-employed, said Yin Weimin, minister of human resources and social security.
By the end of 2017, the joblesst rate in urban areas was 3.9 percent, the lowest since 2002, official data showed.
From 2013 to 2017, over 13 million jobs were created annually in urban areas, despite the negative effect of economic structuring and slowing growth, official data showed.
In 2017, 13.51 million new jobs were created in urban areas. The central government set an increase of 11 million jobs as its official target for the whole of 2017.
Yin said China will continue implementing and improving employment and entrepreneurial policies to create more jobs in 2018.
China has unveiled pro-employment policies for graduates, redundant workers, the disabled and migrant workers.
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