China to create 10 mln jobs in cities, keeping jobless rate at 4.5 pct in 2008
5/3/2008 16:36
The Chinese government will work to create 10 million jobs this year
and try to keep registered urban unemployment rate at around 4.5 percent,
Premier Wen Jiabao said in Beijing today. China's urban unemployment rate in
the past five years has been contained within 4.3 percent, government figures
show. To increase job opportunities, China spent a total of 66.6 billion yuan
in the form of subsidies from the central government budge to support employment
programs over the past five years, said the premier in a government work report
delivered at the opening meeting of the top legislature's annual full
session. As a result, he said, more than 10 million urban people got jobs and
8 million rural workers found jobs in nonagricultural sectors per year on
average. The problem of finding other employment opportunities for workers
laid off from state-owed enterprises was basically solved, and the work of
incorporating basic cost of living allowances for laid-off workers into the
unemployment insurance system was completed. "The employment situation
remained basically stable despite a large increase in the total workforce and
great pressure on employment," Wen said.
Xinhua
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