BCN-15 China sees steady employment in June

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ZCZC

BCN-15

CHINA-ECONOMY-EMPLOYMENT

China sees steady employment in June

BEIJING, July 16, 2018 (BSS/Xinhua) – China’s job market remained stable
in June, with the unemployment rate at a relatively low level, official data
showed Monday.

In June, the surveyed unemployment rate in urban areas was 4.8 percent,
unchanged from the level in May and down 0.1 percentage point from June last
year, according to the National Bureau of Statistics (NBS).

The urban surveyed unemployment rate in 31 major cities was 4.7 percent,
unchanged from May, and down 0.2 percentage points year on year.

Starting from April this year, the NBS has regularly released the monthly
surveyed unemployment rate in urban areas 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 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.

Monday’s data showed that China’s gross domestic product expanded 6.8
percent year on year in the first half of 2018.

BSS/XINHUA/HR/1155