- Sunday, 04 January 2015
China has the lowest unemployment rate in the world
China recorded one of the lowest unemployment rates in the world, especially the unemployment rate does not exceed 4.1% of the total who are able to work in China.
The report issued by the Ministry of Human Resource Development and Social Welfare in China has shown, that 13 million people have obtained work opportunities this year, and that there are approximately 4.5 million people have been hired again in new jobs.On the other hand the social security system is moving towards the introduction of further developments, and until the end of November last year was registered in the Chinese social security system records in the range of 838 beneficiaries, which represents an increase of about 130 million people in just one year.
During a press conference the Minister of Human Resources and Social Welfare in China stressed on the importance of moving in the application of reform policies during the next phase.