x

China creates 11.86 million urban jobs in 2020, surpassing annual target

China created 11.86 million jobs in urban areas last year, exceeding its annual goal of adding 9 million jobs, an official said on Jan. 26.

The country’s employment situation improved quarter by quarter in 2020, ensuring stability and outperforming expectations, said Zhang Ying, director of the Employment Promotion Department of the Ministry of Human Resources and Social Security (MHRSS), during a press conference.

China’s job creation maintained steady growth, the unemployment rate steadily dropped and the employment of key groups kept a good momentum of steady growth.

In 2020, the country’s surveyed urban unemployment rate dropped from the record high of 6.2 percent in February to 5.2 percent in December, unchanged from the same period in 2019.

The MHRSS took multifaceted measures, including reducing corporate burdens, keeping the payroll stable, and creating more jobs, to cushion the impact of the COVID-19 epidemic on employment, Zhang said.

From February to the end of 2020, China cut 1.54 trillion yuan ($238.4 billion) in social insurance contributions related to old-age, unemployment and work-related injuries for employers and employees.

To support enterprises in stabilizing job posts, the country refunded 104.2 billion yuan to 6.08 million enterprises last year and allocated 100 billion yuan of subsidies and special awards to secure employment.

China also provided vocational skill training to improve workers’ professional skills. In 2020, over 2.7 million free online vocational skill opportunities were provided for workers from poverty-stricken households, setting a new record.

Employees are being persuaded to spend the Spring Festival holiday in places they work to curb the spread of COVID-19, Zhang said, noting that the ministry has worked with relevant departments to stabilize employment so enterprises can resume production and migrant workers can secure jobs after the holiday.

The official added that the MHRSS would launch a campaign to guide employees, including rural migrant workers, to return to work after the holiday and would spare no effort to ensure an overall stable employment situation. 

Source: People’s Daily Online

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

FG, States, LGCs Share N2.001 Trillion From A Gross Total Of N3.836 Trillion For The Month Of July 2025

By Oladosu Adebola Oluwaseun The Federation Account Allocation Committee...

Attack on Katsina Mosque, Killings Condemnable, Speaker Abbas Mourns Worshippers

By Oladosu Adebola Oluwaseun The Speaker of the House...

TCN Takes Anti-Vandalism Campaign to Edo Communities

By Jabiru Hassan The Transmission Company of Nigeria (TCN) has...

Muslim Ummah Urged to Love Prophet Muhammad

By Muhammad Ibrahim, Sokoto Chief Imam of Buhari Dan Shehu...

Sokoto NUJ Council Discusses Pending Issues at Congress

By Muhammad Ibrahim, Sokoto The Sokoto State Council of the...

Sokoto Council Of NUJ Holds Congress As Commissioner Of Police Presents Paper

By Muhammad Ibrahim, Sokoto The Sokoto State Council of the...

Benue Assembly Suspends 4 Members As Attempt to Impeach Speaker Fails

23-8- By Isaac Kertyo, Makurdi  Benue State House of Assembly has...
spot_img

Related Articles

Popular Categories

spot_imgspot_img