BEIJING : China created 12.06 million new urban jobs in 2022, achieving the government's annual target despite the COVID hit to economic growth, state media Xinhua reported late Monday, citing the minister of human resources.That compared with the 12.69 million urban jobs created in 2021, 11.86 million in
BEIJING : China created 12.06 million new urban jobs in 2022, achieving the government's annual target despite the COVID hit to economic growth, state media Xinhua reported late Monday, citing the minister of human resources.
Policymakers have pledged repeatedly to prioritise job market stabilisation, adding it is the key support for the economy to operate within a reasonable range, as anti-virus measures hit manufacturing and service sector businesses. Wang expected China's job market to remain generally stable in 2023, but"stabilising job employment still faces many challenges."
The country will have 11.58 million college graduates joining the job market in 2023, a record, said Wang, noting help for young people to find jobs would be a priority.
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