China’s employment sector experiences consistent expansion during the initial three quarters of 2023

30.10.23
18:31


Economics

China’s employment sector experiences consistent expansion during the initial three quarters of 2023

According to the Ministry of Human Resources and Social Security, the unemployment rate in the country was about 5 per cent

According to information received from the Ministry of Human Resources and Social Security of China, the labor market in the country showed stable growth in the first three quarters of this year. During this time, 10.22 million people were employed in urban areas, as reported by
China Daily, a partner of TV BRICS.

According to the Ministry, the unemployment rate in September was about 5 per cent, which is a decrease of 0.2 percentage points compared to the previous month.

In addition, by September, about 42,000 college graduates had been accepted into grassroots positions across the country. Of these, 4,996 people were employed in areas with difficult environmental and economic conditions in order to promote the development of these areas.

The Ministry noted that efforts have been made to help laid-off workers and people experiencing difficulties in finding work due to health conditions or lack of necessary skills. As of the end of September, approximately 3.96 million people from the first category and 1.29 million from the second have successfully found work.

An important aspect of the Ministry’s efforts over the past nine months has been the organised training of professional skills. From January to September, several vocational training programmes were conducted for college graduates and migrant workers. During this period, 8.99 million training vouchers were distributed.

Photo:
IStock

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