China Financial Daily

Ministry of People’s Insurance: At present, China’s employment situation remained stable
On the 18th afternoon, the Human Resources Department of Social Security Secretary in the Employment Promotion Act and the User-ming said that the online exchanges, through the efforts of more than six months, the employment situation in China is basically stable.

Wong said the law, the current employment situation remained stable, mainly in the following three aspects: First, the number of new jobs for urban pick-up has stabilized, the number of new jobs in January were 5.69 million, reversing the rapid decline in the fourth quarter of last year, the trend registered urban unemployment rate remained at 4.3%; Second, college graduates, the employment difficulties faced by migrant workers and employment and other key staff groups, the stability of employment, as of July 1 for college graduates has been the implementation of the 4.15 million people where, the initial employment rate of 68 percent; the return of last year before the Spring Festival 70 million migrant workers to return to the city now basically, and basically in the city also has a job. In January, especially in June to 2.71 million laid-off workers have been re-employment of staff to complete the task 54% of the year, including 790,000 employment difficulties to achieve re-employment; Third posts loss of enterprises slowed down, in February this year to June corporate positions for a net increase of the cumulative net effect, an increase of 0.13%, although the increase is very small, but there is a good sign.

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