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Ministry of Human Resources and Social Security: China's Employment Situation Basically Stable
    2008-11-06 09:09:33     CRIENGLISH.com

  China's Ministry of Human Resources and Social Security says the country's employment situation is stable.

According to the Ministry, in the first three quarters there were nearly 9.4 million new entrants to the labour force, accomplishing 94% of this year's target of creating 10 million new jobs.

Over 4 million laid-off workers got re-employed, accounting for 82% of the year's goal. And about 1.2 million people with difficulties in getting a job were also re-employed, beating the year's target of 1 million.

Yin Weimin, Minister of Human Resources and Social Security, said despite temporary difficulties affecting some enterprises and industries, China's economy remains unchanged.

"By the end of this year, various goals to improve the employment situation and social security, set in Premier Wen Jiabao's government work report, will be achieved successfully. I'm confident about that."

Yin Weimin noted that in order to boost employment and create more jobs, his ministry will cooperate with other government departments to encourage the development of labour-intensive enterprises and self-employment by providing microcredit loans and discount government loans.

 
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