Bases of 9.5mn New Jobs 2003

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Last updated at: (Beijing Time) Tuesday, December 31, 2002

Bases of 9.5mn New Jobs 2003

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Sources from the Ministry of Labor and Social Security (MOLSS) say that next year the country will go all out to act in the spirit of the national re-employment working conference held in Beijing on September 12 and try every possible means to expand employment, endeavoring to create 9.5mn more jobs and control the registered urban unemployment rate around 4.5 percent. Then how these numbers (9.5 mn) are figured out?

Director-general Yu Faming with the training & employment dept. under the MOLSS told the reporter that there are three main considerations concerning fulfillment of 9.5mn new posts next year.

First, the present sound macroeconomic climate in China as well as the rapid and steady growth of the national economy has laid a solid foundation for new jobs created and more labors recruited. China's GDP is expected to grow 8 percent this year, the economic growth rate next year is estimated to stand at 7 percent. According to the current elasticity ratio of employment, with the national economy growing by 1 percentage point, it can help provide some 700,000 posts. Then next year's economic growth will make it possible to offer 5-6mn new jobs.

Second, the intensified economic restructuring next year will also create batches of job opportunities accordingly. The number of employees in SOEs nationwide has been cut down to 50mn from 71mn in the last five years. Large numbers of these workers have shifted to non-public sector from SOEs or to the tertiary industry from the secondary industry. Thereby, the employment structure has been further improved, coupled with a steady rise of proportion of workers in the tertiary industry from 18.5 percent in 1990 to 27.7 percent in 2001. The way and concept of employment have changed markedly, while forms of employment become increasingly flexible and diversified, with part-time, temporary, seasonal and elastic work springing up. Besides, from a perspective of ownership structure, recent years have witnessed a rapid development of non-public ownership such as individual and private businesses, which is set to become the main realms for employment expansion.

And lastly, the Party Central Committee and the State Council attach great importance to labor and social security, which gives policy guarantees. After the national working conference on re-employment held last September, departments and regions concerned at all levels successively published a series of policy-measures encouraging and supporting laid-off workers to be re-employed. Next year, the first year that these measures take effect, is sure to bring about the laid-off a relaxed employment environment and an independent pioneering one. An analysis report lately made by the department concerned shows that another 13mn posts will be created by these favorable measures within three years.

By PD Online Staff Zhu Lizhen

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