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Registered jobless rate unchanged at 4.2%
By Guan Xiaofeng (China Daily)
Updated: 2005-07-20 06:02
China's registered urban unemployment rate remained unchanged from last year
at 4.2 per cent in the first half of this year, a spokesperson of the Ministry
of Labour and Social Security said yesterday.
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| Job seekers participate in a job fair in Nanping, Fujian Province,
July 16, 2005. [newsphoto] |
| There
were 8.34 million jobless people in cities by the end of June, according to a
report issued by the ministry.
During the period, 5.95 million job opportunities were created, accounting
for 66 per cent of this year's goal of creating 9 million new jobs set by
Premier Wen Jiabao in March.
"Creating a stable employment situation is not easy. It is a result of the
government's active employment policy catering mainly to those having
difficulties finding jobs," said Mo Rong, professor and deputy director of the
ministry's Institute for Labour Studies.
This year, the central government has allocated an additional 2.6 billion
yuan (US$310 million) to urban employment, apart from funds subsidizing laid-off
workers from State-owned enterprises (SOEs).
The two funds total 20.9 billion yuan (US$2.4 billion), with money going on
social insurance, employment centres, and re-employment training programmes.
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