Friday, 22 April 2016

China adds 3.18 Million Urban Jobs in Q1

China added 3.18 million new urban jobs in the first quarter and kept unemployment levels broadly stable, Xinhua said on Friday, citing the social security ministry. 

The urban unemployment rate was 4.04 percent at the end of first quarter, flat from the end of 2015 and slightly lower than the year ago period, Xinhua said.

Premier Li Keqiang said at China's annual parliament in March that China will create 10 million new jobs and hold the urban unemployment rate below 4.5 percent in 2016.

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