BIZCHINA> Trends and Policies
    Unemployment rate down to 4% in first half
    (Xinhua)
    Updated: 2008-07-31 20:25

    Unemployment rate down to 4% in first half
    A man and a woman read recruiting information at a job fair in Fuyang, Anhui province on July 21, 2008. The Chinese characters read "Recruitment and job hunting." [Asianewsphoto]
    Unemployment rate down to 4% in first half 

    China's registered urban and township unemployment rate stood at four percent in the first half, down 0.2 percentage point from the same period last year, the Ministry of Human Resources and Social Security said on Thursday.

    Related readings:
    Unemployment rate down to 4% in first half Macao's unemployment rate below 3% for 10 months
    Unemployment rate down to 4% in first half Beijing raises unemployment insurance payment threshold
    Unemployment rate down to 4% in first half China to allocate 26b yuan to reduce unemployment
    Unemployment rate down to 4% in first half China records urban unemployment ratio of 4.0%

    A total of 8.35 million people were registered unemployed across the country's urban areas and townships in the first half, according to ministry.

    Ministry spokesman Yin Chengji said the nation had created 6.4 million new jobs in the first half, accounting for 64 percent of the annual 10 million goal set by the ministry, and 2.82 million laid-off workers found new jobs in the first half, 56 percent of the annual goal of 5 million.

    Yin said 788,000 people had found employment in the provinces of southwest Sichuan, and northwest Gansu and Shaanxi, which were worst affected by the May 12 earthquake, as of July 27.

    The number included 146,000 employed outside the quake-stricken areas under the nation's cross-region employment program that had designated 19 provinces and the southern city Shenzhen in Guangdong Province as places to employ the jobless.

    According to conservative estimate, more than 700,000 people had lost their jobs due to the earthquakes in Sichuan province as of June 30.

    Yin urged governments at all levels to make efforts to create new jobs.


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