Unemployment could be long-term trouble for China, with the
number of jobless urban residents alone exceeding 15 million, the
China Information News quoted a senior official as
saying.
China's rapid economic growth has created nine million new jobs
annually in recent years, with 11.84 million new jobs available
in2006, said Xie Fuzhan, director of the National Bureau of
Statistics.
The registered urban unemployment rate stood at 4.1 percent at
the end of 2006, down 0.1 percentage points from the end of
2005.
Despite the impressive growth in new jobs, the unemployment
situation will remain severe over the long term, said Xie.
Most of the unemployed are workers laid off from state or
collective businesses, college graduates, rural workers and farmers
forced out of their livelihoods by industrial development or
urbanization, he said.
Statistics show state and collective enterprises laid off
about75.9 million workers from 1995 to 2005.
About 4.95 million students will graduate from universities and
enter the job market this year and rural surplus laborers will
continue to swarm into cities looking for work.
Tian Chengping, Minister of Labor and Social Security, said the
government will further boost economic development and carry out
fiscal, tax and financial reform to promote employment.
The government will also improve training for all job seekers
and facilitate contacts between job hunters and employers, Tian
said.
(Xinhua News Agency March 16, 2007)
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