More jobs needed

Stabilized urban registered unemployment is as better than expected as the strong rebound of the national economy. But slack business for small- and medium-sized enterprises, China's major source of job growth, indicates that the unemployment pressure is still quite heavy.

According to the Ministry of Human Resources and Social Security, the country's urban registered unemployment rate remains unchanged at the end of the second quarter after rising to 4.3 percent in the first quarter from 4.2 percent at the end of last year.

A more encouraging message is that as much as 95 percent of the 70 million migrant workers, who returned to their homes in the countryside before the Spring Festival, have headed back to cities for jobs. And, the remaining five percent have either found work in the their hometowns or started their own businesses there.