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China – Job market remains stable (China.org.cn)

18 September 2019

China's job market remained generally stable in the first eight months of the year, with the number of newly created jobs achieving 89.5% of this year's target, reports China.org.cn, citing data from the National Bureau of Statistics. A total of 9.84 million new urban jobs were created during the January-August period.  At the same time, the surveyed urban unemployment rate dropped 0.1% to 5.2% in August. Among those aged between 25 and 59, who represent the majority of the labor market, the urban unemployment rate stood at 4.5% in August, down from 4.6% in July. Meanwhile, the surveyed unemployment rate in 31 major cities was 5.2%.

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