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Stable job market in China as of November

By Cheng Si | chinadaily.com.cn | Updated: 2023-12-15 22:05
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China has seen a stable operation of the job market so far and is optimizing the calculation method of young people's unemployment rate to give the public a more clear picture of the employment situation, said a senior official on Friday.

Latest figures revealed by the National Bureau of Statistics show that the domestic job market was in a stable operation last month with the surveyed urban unemployment rate remaining 5 percent — the same as that in October.

Thirty-one big or first-tier cities such as Beijing and Shanghai saw their surveyed unemployment rate in November pulling even with that in October, while the number dropped by 1.7 percentage points year-on-year.

Also, the average surveyed unemployment rate in urban areas was around 5.2 percent in last 11 months from January, falling by 0.4 percentage point year-on-year, according to the NBS.

Liu Aihua, spokeswoman of the NBS, said at a news conference in Beijing on Friday that the nation has gained more advantages of promoting the employment though the structural imbalance of the employment still exists.

"As the population of college graduates continues growing in recent years, the government is facing increasing pressure to promote employment," she said. "The government will continue to prioritize employment work in the future by launching more incentive policies and enhancing the working skills training to further stabilize the job market."

She added that the NBS is making efforts of optimizing the calculation of young people's unemployment rate so far, and will update the latest news over the issue in the future.

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