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China's urban unemployment rate declined for the first time in 10 years
www.chinanews.cn 2005-01-28 16:50:06
Chinanews, Jan. 28 - China's registered unemployment rate in urban areas
was 4.2% in 2004, down 0.1 percentage point from the previous year, 0.5
percentage points lower than the estimate made at the beginning of the
year. It is the first decline in the past ten years.
According to the National Bureau of Statistics (NBS), unemployment rate
is one of the four objectives of the macro controls. The decline in
registered unemployment rate in urban areas could be attributed to the
healthy development of the economy and the effort made by all government
agencies and other organizations. 9.8 million jobs were newly added in
urban areas in 2004, 800,000 higher than previously estimated.
E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649
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