More than 13 mil­lion new jobs for 2014

China Daily (Canada) - - NEWSCAPSULE -

More than 13 mil­lion new jobs were ex­pected to be cre­ated in China in 2014, de­spite slow­ing eco­nomic growth, said a se­nior of­fi­cial.

China’s regis­tered ur­ban job­less rate will re­main at a “rel­a­tively low” level, Yin Weimin, China’s hu­man re­sources and so­cial se­cu­rity min­is­ter, said at a work con­fer­ence, with­out giv­ing a spe­cific fig­ure.

The new jobs num­bers will beat the gov­ern­ment’s full-year tar­get of at least 10 mil­lion jobs. China’s gross do­mes­tic prod­uct (GDP) ex­panded 7.4 per­cent year on year in the first three quarters.

At the end of Septem­ber, China’s ur­ban regis­tered job­less rate stood at 4.07 per­cent, lower than the an­nual em­ploy­ment con­trol rate of 4.6 per­cent tar­geted by the gov­ern­ment. China added 10.82 mil­lion jobs in the first nine months.

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