59 percent of Annual Employment Target Completed in China

Percent of the Annual Employment Target in China Completed
59 percent of Annual Employment Target Completed in China

According to the data released by the Ministry of Human Resources and Social Security of China, the number of newly employed people in the country's cities and towns reached 6 million 540 thousand in the first half of the year. Thus, 59 percent of the annual target was achieved.

According to the data, the unemployment rate in cities and towns remained at 5,5 percent in the first quarter of the year. The unemployment rate rose to 6,1 percent in April due to the negative effects of the epidemic. After the epidemic was brought under control, the unemployment rate decreased to 5,9 percent in May.

With the coordinated advancement of epidemic control and socio-economic development efforts, the recovery trend in China's employment is expected to continue.

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