BCN-21 China reports steady employment in Jan.-Sept.

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ZCZC

BCN-21

CHINA-JOB-MARKET

China reports steady employment in Jan.-Sept.

BEIJING, Oct. 19, 2019 (BSS/Xinhua) – China’s job market remained generally
stable in the first nine months of the year, the National Bureau of
Statistics (NBS).

A total of 10.97 million new urban jobs were created during the period,
meeting 99.7 percent of this year’s target, according to the bureau.

The surveyed urban unemployment rate nationwide stayed unchanged at 5.2
percent last month, NBS data showed.

The surveyed unemployment rate among the people aged between 25 and 59, who
represent the majority of the labor market, stood at 4.6 percent last month.

Meanwhile, the surveyed urban unemployment rate in 31 major cities was 5.2
percent in September, flat with August, said the NBS.

The surveyed urban unemployment rate is calculated based on the number of
unemployed people who have participated in the employment survey in urban
areas, including migrant workers in cities.

It was first introduced in 2014 to better reflect the job market and serve
as a supplement to the registered urban unemployment rate compiled by the
Ministry of Human Resources and Social Security.

BSS/XINHUA/HR/1500