China Financial Daily

Severe employment situation, calling for “employment-friendly” growth
Chinese Premier Wen Jiabao recently in Lishui, Zhejiang Province, Wenzhou and other places inspected. He pointed out that the current international and domestic economy to the good, but unstable and uncertain factors are still many, and the situation is still complicated and grim. Turning to the current employment issues, he stressed that boosting economic growth and improve people’s livelihood, increase the organic integration of employment and the implementation of a more active employment policy, focusing on college graduates and migrant workers to solve employment problems.

All kinds of information indicates that China’s current employment situation is still quite grim. It is reported that in 2009 the year of employment in 2008, compared with the demand and supply gap will increase further. Human Resources and Social Security officials pronouncing 8% economic growth rate to estimate, in 2009 the year can provide the total number of new jobs is only about 12 million, while the total number of persons in need of employment more than 24 million people. Therefore, from a volume perspective, labor further aggravated the situation of supply exceeding demand. From the group view, college graduates, farmers and urban workers have difficulty finding employment in three groups become more prominent.

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