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China's 2013 urban unemployment rate at 4.1%

A total of 13.1 million new jobs were created in urban areas last year, and 5.66 million people were re-employed

Press Trust of India  |  Beijing 

Over 13 million jobs were created in in 2013 while the urban rate in the world's second largest stood at around 4.1%.
 
The rate edged up to 4.05% at the end of the fourth quarter from 4.04% at the end of the third quarter, the Chinese Ministry of Human Resources and Social Security said today.
 
A total of 13.1 million new jobs were created in urban areas last year, and 5.66 million people were re-employed, state-run Xinhua news agency reported.
 
Gross revenue of social insurance funds increased 13.8% year on year to 3.29 trillion yuan ($ 539.03 billion), while gross expenditure totalled 2.65 trillion yuan, up 19.6% from a year ago, ministry spokesman Li Zhong said.
 
China's social insurance funds contain five parts: basic pension funds, basic medical insurance, insurance, work-related injury insurance and maternity insurance.

First Published: Fri, January 24 2014. 14:00 IST
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