China's survey-based jobless rate was 5.6% in February, but
for 16-24 years old it was 18.1%, National Bureau of Statistics
data showed. A rise in the jobless rate in February was due to
seasonal factors, the bureau said.
(Reporting by Judy Hua and Ryan Woo; Editing by William
Mallard)
BEIJING, March 19 (Reuters) - China is launching an
annual recruitment of college graduates in large and midsize
cities, the official Xinhua news agency said on Sunday, as
authorities double down on efforts to meet a more ambitious job
creation goal this year.
The recruitment drive, hosted by the Ministry of Human
Resources and Social Security, will last from Sunday to May 26,
Xinhua said.
China aims to create around 12 million urban jobs this year,
up from the 2022 target of at least 11 million. The government
aims to keep survey-based jobless rate of around 5.5% this year.
The new premier, Li Qiang, said last week that "developing
the economy is the fundamental solution for creating jobs," and
the government will continue to pursue an "employment-first"
strategy.
During the first 10 days of the recruitment drive, 19
offline job fairs, eight cross-region job fairs and job fairs
featuring sectors such as manufacturing, medicine and health,
Internet and electricity and new energy will be hosted, Xinhua
said.
While number of college graduates in China will reach a
record 11.58 million this year, job seekers expect more job
opportunities, more reasonable pay and more reliable social
security, human resources minister Wang Xiaoping said this
month.
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