Na­tion ex­ceeds ur­ban job cre­ation target

China Daily European Weekly - - News Digest -

China cre­ated 13.14 mil­lion new jobs for ur­ban res­i­dents last year, ex­ceed­ing the of­fi­cial target, but the coun­try faces a new chal­lenge this year in cre­at­ing jobs for a his­toric high of al­most 8 mil­lion univer­sity grad­u­ates. The reg­is­tered un­em­ploy­ment rate in Chi­nese cities stood at 4.02 per­cent at the end of last year, down from 4.04 per­cent three months ear­lier, Lu Ai­hong, an of­fi­cial with the Min­istry of Hu­man Re­sources and So­cial Se­cu­rity, said at a news con­fer­ence on Jan 23.

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