Thursday, December 29, 2011

China says that twelve million new jobs were created in 2011

Preliminary statistics showed that more than 12 million new jobs were created in cities and towns in China this year, according to the Ministry of Human Resources and Social Security Thursday.

The country also managed to keep the registered urban unemployment rate below 4.6 percent, said Yin Weimin, Minister of Human Resources and Social Security, while speaking at a national conference on human resources and social security.

China's pension insurance coverage will expand to 300 million people in rural and urban areas by the end of this year, with about 85 million senior citizens claiming their pensions every month, according to Yin.



Sources:
China.org.cn

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