Beijing’s official jobless indicators paint a relatively steady employment situation, with the urban unemployment rate dropping to 5 per cent at the end of April from 5.2 per cent at the end of March, according to the National Bureau of Statistics. Photo: Reuters

China’s trade war-hit job market to be overseen by special task force to avoid ‘a massive jobless situation’

  • Vice-Premier Hu Chunhua will head the State Council Employment Work Leading Group to ‘enhance leadership and coordination of work related to employment’
  • Sony Mobile, Cisco Systems and Oracle have all laid-off staff or closed factories in recent months, raising questions over Beijing’s official unemployment figures
Topic |   China economy

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Beijing’s official jobless indicators paint a relatively steady employment situation, with the urban unemployment rate dropping to 5 per cent at the end of April from 5.2 per cent at the end of March, according to the National Bureau of Statistics. Photo: Reuters
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