China creates 10m jobs in urban areas in Jan-Nov

December 19,2009 Editor:China Daily| Resource:China Daily

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China generated 10.13 million new jobs in urban areas in the first 11 months, as government stepped up efforts to ensure adequate employment, according to the official data released on Friday.
China generated 10.13 million new jobs in urban areas in the first 11 months, as government stepped up efforts to ensure adequate employment, according to the official data released on Friday.
 
The urban jobless rate would likely reach 4.3 percent by the end of this year and the total employed will surpass 11 million, Yin Weimin, Minister of Human Resources and Social Security told a national meeting on job promotion and social security work.
 
Also at the meeting, Vice Premier Zhang Dejiang urged authorities to maintain the continuity of the employment policy and make every efforts to secure jobs notably for college graduates and rural migrant workers.
 
He said the social insurance system should expand coverage, and the beneficiary should enjoy higher insurance income.
 
To help more than seven million college graduates land jobs, China has unveiled a slew of measures including offering them incentives to work in rural areas and in small firms, giving financial support for start-ups of their own business, and telling enterprises to provide internships for graduates.
 
Employment rate of college graduates reached 83 percent by the end of October as those measures showed effects.
 
Near 152 million migrant workers found new jobs outside of their home towns in the first three quarters, a rise of 11.57 million from the same period a year ago.

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