What's news

Govt and policies

More jobs created, jobless rate falls

China's quarterly job report delivered a positive message on Tuesday as 3.34 million new jobs were created in the first quarter and the unemployment rate fell to 3.97 percent. The number of new jobs was 160,000 higher than that in the same period last year, and the unemployment rate was down 0.07 percentage points from a year earlier and 0.05 percentage points lower compared with the previous quarter, official data showed. "China's job market posted a strong start this year and remained stable in the first quarter," said Lu Aihong, spokesperson of the Ministry of Human Resources and Social Security, at a news conference. Economists said the lower jobless rate suggested a healthier picture of Chinese economy.