China’s urban unemployment rate at 4.1 percent in Q1April 25th, 2012 - 4:03 pm ICT by IANS
Beijing, April 25 (IANS) China’s urban registered unemployment rate stood at 4.1 percent in the first quarter of this year, authorities said Wednesday.
The rate remained unchanged from the last quarter of 2011, and rested below the government’s 4.6-percent annual target set for this year, said the Ministry of Human Resources and Social Security (MOHRSS).
A total of 3.32 million new jobs were created in urban areas in the first three months of this year, up 9.6 percent from a year earlier, ministry spokesman Yin Chengji said at a press conference.
Yin said a sluggish global market, rising trade protectionism and a slowdown in the national economy will all pose challenges to the country’s employment situation this year, reported Xinhua.
However, he said that because of the delay effect, the impact of an economic slowdown might appear later in the year.
China’s economy expanded 8.1 percent year on year in the first quarter, marking the slowest pace in almost three years.
- China's urban unemployment rate reaches 4.1 percent - Jul 25, 2012
- China created 9.9 mn new jobs - Oct 25, 2011
- China's urban jobless rate at 4.1 percent in 2011 - Jan 20, 2012
- Chinese premier warns of `complicated, grim' job situation - Jul 23, 2012
- China's GDP growth slows to 8.1 percent (Lead) - Apr 13, 2012
- China's Q2 GDP growth slows (Lead) - Jul 13, 2012
- China's Q2 GDP growth slows - Jul 13, 2012
- China cuts interest rates - Jun 08, 2012
- China's auto sales expected to hit 20 mn in 2012 - Jul 27, 2012
- China faces huge employment challenges - Mar 07, 2012
- Rising interest rates affect industrial output, lowest in over 2 years - Nov 11, 2011
- China's power consumption rises - Apr 14, 2012
- Another global slowdown a possibility: Mukherjee - Dec 09, 2011
- China's GDP growth to slow to 9.2 percent - Nov 20, 2011
- Indian economy to grow by 6.9 percent this fiscal (Lead) - Feb 07, 2012
Tags: beijing, delay effect, economic slowdown, employment situation, first quarter, first three months, global market, last quarter, ministry of human resources, ministry spokesman, national economy, new jobs, q1, slowest pace, social security, target, trade protectionism, unemployment rate, urban areas, xinhua