6.98 million new urban jobs created in China's first half of 2024, unemployment rate stable at 5%.
China created 6.98 million new urban jobs in the first half of 2024, according to official data from the Ministry of Human Resources and Social Security. The surveyed urban unemployment rate in June was 5%, remaining stable. The country aims to create over 12 million new urban jobs this year and maintain a surveyed urban jobless rate at around 5.5%. The stable job market is attributed to the country's economic recovery, rising service consumption, and faster industrial growth.
July 23, 2024
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