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China Created 4.43 Million Jobs In First 4 Months Of 2016 - Foreign Affairs - Nairaland

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China Created 4.43 Million Jobs In First 4 Months Of 2016 by ahaika23: 7:24am On Jun 01, 2016
BEIJING, May 31 (Xinhua) -- China added 4.43 million jobs in the first four months of 2016, an official revealed on Tuesday, suggesting that, despite economic headwinds, the job market has "remained basically stable."

"Major job market indicators have stayed within a reasonable range," said Xin Changxing, vice minister of human resources and social security, at a press conference Tuesday.

Xin noted that there was a structural imbalance in the job market, with demand from labor-intensive industries decreasing, while skilled positions, with experience of sophisticated techniques, posted an increase.

Creating more jobs, to keep employment stable, is a top government priority as millions of workers face the prospect of redundancy due to mergers and reorganization in industries bogged down by overcapacity.

China aims to create more than 10 million new urban jobs in 2016 and keep the registered urban unemployment rate below 4.5 percent, according to the government work report released in March.

China's registered unemployment rate in urban areas was 4.04 percent at the end of March.

http://news.xinhuanet.com/english/2016-05/31/c_135402128.htm
Re: China Created 4.43 Million Jobs In First 4 Months Of 2016 by ahaika23: 7:32am On Jun 01, 2016
It is worthy of note to state that the dullard's government has created 0.00 million jobs in the first 12 month and has gone further to make life miserable for even those working and making it hell for those daily retrenched from work. Indeed this is a government of change!

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