China Almost at Target to Create 9 million Urban Jobs | Dao Insights

China almost at target to create 9 million urban jobs in 2020

In just nine months, China has already met 99.8% of its target to create 9 million urban jobs during 2020. According to data released by the National Bureau of Statistics on October 19, 8.98 million new urban jobs were created in the first three quarters of 2020.

China’s urban unemployment rate dropped from 5.6% in August to 5.4% in September. Job hunting platforms revealed that internet, real estate, entertainment and tourism-related industries have seen an increase in job postings and applications.

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