Business
18:41, 14-Aug-2017
China sees steady employment in July
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Fresh data from July continue to show a stable job market in China, with the unemployment rate at a relatively low level.
The country's urban surveyed unemployment rate was around 5.1 percent last month, lower than that for July 2016, according to Mao Shengyong, spokesperson for the National Bureau of Statistics.
Mao Shengyong, a spokesperson of the National Bureau of Statistics, speaks at a press conference held on August 14, 2017. /VCG Photo
Mao Shengyong, a spokesperson of the National Bureau of Statistics, speaks at a press conference held on August 14, 2017. /VCG Photo
The surveyed rate in major Chinese cities continued to stay at a relatively low level of less than 5 percent, Mao added.
"It was not easy to maintain the low unemployment rate in the month when college students graduate," Mao said. College graduates this year reached 7.95 million, up about 300,000 from 2016.
Some 8.55 million new jobs were created in China's urban regions from January to July, up 200,000 from the same period last year, he said.
The Chinese government aims to create 11 million new jobs this year.
Source(s): Xinhua News Agency