China said this week that there were 11.86 million new urban jobs created in last year, 131.8 per cent of its target. Photo: AFP
China jobs market still seen as weak, unstable even as unemployment rate returns to pre-coronavirus level
- China’s official surveyed unemployment rate came in at 5.2 per cent in December, the same as in 2019, and a far cry from February’s reading of 6.2 per cent
- According to an independent index, the number of job posts fell by 17 per cent and the number of jobseekers dropped by 7 per cent in the fourth quarter of 2020
China said this week that there were 11.86 million new urban jobs created in last year, 131.8 per cent of its target. Photo: AFP
