Unemployment rate in China’s big cities around 5.1 percent in H1

Friday, 24 July 2015 14:08:43 (GMT+3)   |   Shanghai
       

In the first half of the current year, the unemployment rate in 31 big cities in China was around 5.1 percent, fluctuating in a range of less than 0.2 percentage points from January to June, as announced by the Population and Employment Statistics Department of China’s National Bureau of Statistics (NBS). From January to March, the unemployment rate indicated a rising trend due to the impact of the Spring Festival, reaching 5.19 percent in March. Subsequently, the unemployment rate gradually decreased, declining to 5.06 percent in June. 
 
As of the end of the second quarter of the year, persons employed in China’s large and medium-sized enterprises amounted to 174.49 million, up 460,000 or 0.3 percent year on year, according to the data from the NBS. 


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