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Home >> Business
UPDATED: 17:04, May 21, 2007
China employs 746 million people in 2006
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China had employed a total of 764 million people by the end of 2006, an increase of 5.75 million people over the year-end of 2005, and there were 8.47 million registered urban unemployed people with the urban jobless rate of 4.1 percent, and the transferring of the jobless from the state-owned firms to the unemployment insurance has basically been completed, according to the 2006 annual labor and social insurance statistical communique released jointly by the Ministry of Labor and Social Security and the National Bureau of Statistics (NBS) on May 18.

Of the 764 million unemployed people across China, according to the communique, 325.6l million people, or 42.6 percent, come from the first industry or agriculture; 192.25 million, or 25.2 percent are from the second industry or the industry; and 246. 14 million people, or 32.2 percent, are from the tertiary sector, or service trade. By the end of the year, 283.10 million people from the cities and town were employed, including 117.13 million people were employed by institutions or agencies.

Of the 11.84 million new occupations in the urban areas nationwide for the whole year, 5.05 million jobless workers have been re-employed. Meanwhile, there were 2,880 technical or vocational secondary schools with a combined recruitment of 3.21 million students, an increase of 460,000 over the end of 2005. Furthermore, 180,000 foreigners are working currently in the country with a China working permit.

With a continuous, steady wage increase, the average annual salary of workers from urban work units amounts to 21,001 yuan, a rise of 14.4 percent rise over 2005 and, deducting price factors, the actual increase rate was 12.7 percent. The average annual wages of on-job workers in the state-owned enterprises reached 22,112 yuan, that of those working in collective units was 13,014 yuan, and that of those in other units was 20,755 yuan, with an average daily income of 83.66 yuan for urban workers.

By the end of 2005, those in the cities and towns under the pension payroll reached 187.66 million people, 12.79 million more than in the previous year, and the number of those farmers on the pension roll was 14.17 million people. All those on the pension roll was made in the full, and the total income of the retirees in urban cities and towns amounted to 631 billion yuan, 23.9 percent more than in the previous year, and the financial compensation for retirees at various levels in the whole year reached 97.1 billion year and 77.4 billion yuan was covered by the central budget.

By People Daily Online

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