China to Hold Unemployment Rate under 4.5 Percent Next Year

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Last updated at: (Beijing Time) Saturday, December 29, 2001

China to Hold Unemployment Rate under 4.5 Percent Next Year

According to Ministry of Labor and Social Security, China will take steps to keep the unemployment rate under 4.5 percent next year. The goal will be achieved by creating eight million jobs.
The ministry believes that community service will provide re-employment opportunities for laid-off workers.

6.9m Unemployed in 2001

Statistics from the ministry suggested that China created six million new jobs between January and October this year, with 1.5 million of them re-employed laid-offs.

It is expected that the unemployment rate can be controlled under four percent by the end of the year, when the total number of the unemployed will be 6.9 million.

Community Services to Help

The ministry believes that community services, such as community security, nursing staff and household appliance maintenance, will provide re-employment opportunities for laid-off workers.

Employment Service Agencies

The ministry called for more employment service agencies available in communities and townships to help the jobless look for new opportunities.

Vational Education, Service

China's booming vocational education and service training opportunities can improve the quality of professional skills and creativity of employed workers, the ministry said.

System of Preferential Policies to Laid- off Workers

The current system of offering preferential policies to laid- off workers will be extended to urban unemployed, while formalities of administrative examination and approval will be streamlined to encourage the flow of laborers and self-employed people.

China to Create 8 Million Jobs Next Year

The Chinese Labor and Social Security Ministry will try to provide jobs for eight million more people next year, and limit the national unemployment rate to around 4.5 percent, according to a national conference on labor and social security held Wednesday in Shanghai.To fulfill the plan, the ministry will take a series of preferential measures, as follows:

Creating more job opportunities through developing community and household services.

Improving the labor market system and setting up more employment agencies in local communities and townships.

Developing professional training for new industries and the modernized service industry, so as to improve the workers' skills and innovation ability.

Implementing and improving the preferential re-employment policies, and removing the barriers to the freedom to seek jobs.

Goal for Unemployment Rate Outlined

China's Social Security Vanguard to Create More Jobs

China to Create 8 Million Jobs Next Year