Business
08:26, 22-May-2018
China sees steady employment growth in 2017
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China continued to see a stable growth in employment in 2017, official data showed Monday.
The number of employees rose by 370,000 to 776.4 million last year, according to a bulletin released by the Ministry of Human Resources and Social Security.
Nearly 45 percent of all employees were in tertiary industries, while 28.1 percent and 27 percent were in secondary and primary.
Urban employment rose by 10 million to 424 million.
The total value of five social insurance premiums, including old-age pensions and unemployment insurance, increased by 25.4 percent to 6.7 trillion yuan (1.05 trillion US dollars).
The average wage of urban employees in the public sector rose by 10 percent to stand at 74,318 yuan (11,600 US dollars) for the year, while in the private sector the average salary rose by 6.8 percent to 45,761 yuan.
The average annual wages of migrant workers increased by 6.4 percent to 41,820 yuan, according to the bulletin.
Source(s): Xinhua News Agency