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Employment kept stable amid downward pressure

By Hu Yongqi | China Daily | Updated: 2018-12-06 07:24

A slew of measures disclosed on Wednesday is expected to keep China's employment market stable and support the real economy amid increasing downward pressure.

Four measures were released in a guideline by the State Council, China's Cabinet, to promote stable employment, support company operations, business startups and professional training, and help laid-off workers.

Fifty percent of the unemployment insurance paid the previous year will be refunded to company participants in the social security scheme if they don't lay off any workers or keep redundancies to a minimum.

Employment kept stable amid downward pressure

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