Urban jobless rate stays at 4.1% for 8th quarter
Source: Xinhua |
July 26, 2012, Thursday
|
Print Edition
Print Edition
CHINA'S urban registered unemployment rate was 4.1 percent at the end of June, the Ministry of Human Resources and Social Security said yesterday.
It was unchanged for the eighth consecutive quarter during the April-June period, and was below the government's 4.6-percent annual target set for this year.
China created 6.94 million new jobs in urban areas in the first half of the year, fulfilling 77 percent of its annual target of creating 9 million new jobs, ministry spokesman Yin Chengji told reporters.
A total of 2.94 million laid-off workers were re-employed in the first six months, meeting 59 percent of the annual target to have 5 million unemployed workers move back into jobs, Yin added.
The country's central and western regions were a major force in creating jobs in the first half as their economies had kept growing by more than 10 percent despite the overall slowdown, Yin said.
Labor-intensive industries have been gradually moving to the central and western areas from eastern coastal regions, as part of the country's efforts to upgrade its industries.
However, experts are warning that job cuts may be inevitable if external demand remains sluggish.
It was unchanged for the eighth consecutive quarter during the April-June period, and was below the government's 4.6-percent annual target set for this year.
China created 6.94 million new jobs in urban areas in the first half of the year, fulfilling 77 percent of its annual target of creating 9 million new jobs, ministry spokesman Yin Chengji told reporters.
A total of 2.94 million laid-off workers were re-employed in the first six months, meeting 59 percent of the annual target to have 5 million unemployed workers move back into jobs, Yin added.
The country's central and western regions were a major force in creating jobs in the first half as their economies had kept growing by more than 10 percent despite the overall slowdown, Yin said.
Labor-intensive industries have been gradually moving to the central and western areas from eastern coastal regions, as part of the country's efforts to upgrade its industries.
However, experts are warning that job cuts may be inevitable if external demand remains sluggish.
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