China Financial Daily

China Employment Rate is basically equal to the Rate in Last Year
Although the world financial crisis sweeps all over the world, Chinese employment and various works are the same as the same period last year.
Human Resources and Social Security spokesman Yin Chengji introduced that from January to September, new increased employees are 9.36 million people; re-employees of layoffs are 4.09 million people. Until the end of September, registered urban unemployed people are 8.3million, which reduced 50 thousand compared with the same period last year; moreover, the unemployment rate is 4%.

Employment Rate Problems under the Financial Crisis
Until the end of September, the National registered urban unemployment rate was 4%, which is equal to the first two quarters of last year. The data reflects that the current overall employment situation is basically stable. The relevant officials concluded its reasons: including increasing economic growth, active employment policies, optimized industrial structure and national regional economic development strategy.