Society
China to create 14m more jobs next year
By Zhao Chunzhe (chinadaily.com.cn)
Updated: 2009-12-25 17:48
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China's State Council announced it is set to create 14 million more jobs next year, limiting the registered unemployment rate to 4.6 percent, people.com.cn reported.
The employment goal this year for newly added workforce has been achieved by 113 percent, with laid-off workers at 96 percent, people with difficulty finding jobs 146 percent by the end of November, said Yin Weimin, the Minister of Human Resources and Social Security.
China's registered unemployment rate was 4.3 percent at the end of September, leveling with the previous two quarters, Yin added.
The statistics shows 74 percent of graduates are able to find jobs after finishing colleges. Most immigrant workers had been employed at the end of October, the number of which has grown to 151 million by September. 1.46 million people with difficulty finding jobs had found jobs at the end of November.
"The problems are we have huge surplus workforce, still have to face the structural imbalance in employment, and the employment policies and systems need to be perfected further," Yin said.
