BUSINESS China's job market remains stable in August

BUSINESS

China's job market remains stable in August

Xinhua

10:06, September 15, 2021

(Photo: CFP)

BEIJING, Sept. 15 (Xinhua) -- China's job market remained generally stable in August, official data showed Wednesday.

The surveyed urban unemployment rate stood at 5.1 percent in August, unchanged from that in July, data from the National Bureau of Statistics showed.

During the first eight months of this year, the country created 9.38 million new jobs in its urban areas, achieving 85.3 percent of the annual target.

The surveyed unemployment rate among those aged between 16 and 24 dropped 0.9 percentage points from that in July to 15.3 percent last month, while the rate among those aged between 25 and 59, the majority of the labor market, stood at 4.3 percent.

The surveyed unemployment rate in 31 major cities was 5.3 percent last month, up 0.1 percentage points from that in July.

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.

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