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China's urban-registered unemployment rate falls to 15-year low in 2017

China's official unemployment rate has remained generally stable despite slowing economic growth

Reuters  |  Beijing 

China’s urban-registered jobless rate fell to 3.9 per cent in 2017 — the lowest since 2002 — as the country witnessed its first economic rebound in seven years, the Ministry of Human Resources and Social Security said on Friday. China created a “record-high” 13.51 million new jobs in 2017, a growth of 370,000 compared with the previous year, according to an official transcript of a press briefing held by the ministry published online. Lu Aihong, a spokesperson at the ministry, said employment prospects would become more “complicated” in ...

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First Published: Sat, January 27 2018. 00:36 IST