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Cornerstone Blog China’s job market improves in June as economy recovers

China’s job market improves in June as economy recovers

July 20, 2020 by Cornerstone International Group Leave a Comment

China’s surveyed unemployment rate in urban areas stood at 5.7 percent in June,

0.2 percentage points lower than that of May, data from the National Bureau of Statistics (NBS) showed Thursday.

Liu Aihua, a spokesperson for the NBS,

noted that positive changes have taken place in the job market in the first half of the year with the surveyed unemployment rate declining gradually as the country took a string of effective measures to stabilize employment and ensure people’s well-being.

Liu, however, acknowledged that the pressure on employment situation cannot be overlooked this year due to the impact of COVID-19,

especially for some key groups, such as migrant workers and college graduates.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: business, Covid-19, Jobmarket

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