BCN-24 China reports lower unemployment rate in April

240

ZCZC

BCN-24

CHINA-UNEMPLOYMENT-RATE

China reports lower unemployment rate in April

BEIJING, May 15, 2019 (BSS/Xinhua) – China’s job market remained stable in
April, seeing lower unemployment rate, official data showed Wednesday.

In April, the surveyed unemployment rate in urban areas stood at 5
percent, down 0.2 percentage points from the previous month, according to the
National Bureau of Statistics (NBS).

Specifically, the surveyed unemployment rate of population aged between
25-59 was 4.7 percent, 0.1 percentage points lower month on month.

The urban surveyed unemployment rate in 31 major cities stood at 5
percent, down 0.1 percentage points from March.

The NBS started to regularly release the monthly surveyed unemployment
rate in urban areas in last April to help the government improve macro-
control and provide information for formulating employment policies.

The surveyed urban unemployment rate is calculated based on the number of
unemployed people who have participated in the employment survey in urban
areas, including migrant workers in cities.

The surveyed urban unemployment rate was first introduced in 2014 to
better reflect the job market and serve as a supplement to the registered
urban unemployment rate compiled by the Ministry of Human Resources and
Social Security.

BSS/XINHUA/HR/1430