Minister warns of increased jobs pressure
By Xu Wei | China Daily | Updated: 2015-03-11 07:37
China's employment market could come under greater pressure this year as the country faces a record number of college graduates and is expecting economic growth to hit a 25-year low, a government minister said on Tuesday.
Urban employment fell by a large margin year-on-year in January and February, Yin Weimin, minister of human resources and social security, said at a news briefing on the sidelines of the ongoing National People's Congress annual session.
About 15 million young people are expected to enter the labor market this year, including an estimated record number of 7.49 million college graduates.
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