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Social Development

Situation in China’s population and employment in 2003 and prospects for 2004

2014-08-27

By Yue Songdong 

Date: 2004/03/28

Abstract:  

In 2003, China's population continued to increase, unbalanced infant gender ratio remained, rural population continued to migrate to urban areas, the aging group took a increased percentage in the population, aggregate supply and demand of labor force grew. The "two guarantees" was maintained and strengthened, unemployment rate climbed up, employment of the college graduates and the floating peasant workers received wide social attention. In 2004, the total population in China will be over 1.3 billion, more new-born babies are expected than 2003, the number of aging people above 65 years old will be close to 100 million. In 2004, 9 million jobs will be created nation-wide, but registered unemployment rate will go up to over 4.7%. College graduates will face an acute challenge for employment. China will need hard work in solving the employment problem in 2004.