Economic news
China created 6.54 million new urban jobs in H1 – human resources ministry
2022.07.15 04:15
FILE PHOTO: People walk along at financial district of Lujiazui in Shanghai, China October 15, 2021. REUTERS/Aly Song
BEIJING (Reuters) – China has completed 59% of its annual target of new urban jobs, with 6.54 million such jobs created during the January to June period, the ministry of human resources said on Thursday.
The nationwide survey-based jobless rate fell to 5.9% in May from 6.1% in April, still above the government’s 2022 target of below 5.5%. The jobless rate for June is due to be released later on Friday.
