Amid global economic uncertainties, the Chinese mainland has demonstrated remarkable resilience by creating 12.56 million new urban jobs in 2024, as reported by the Ministry of Human Resources and Social Security on Tuesday.
This impressive figure surpasses expectations and underscores China's commitment to maintaining a stable employment landscape. The surveyed urban unemployment rate stood at 5.1 percent in 2024, a slight decrease from the previous year. \"The employment situation remained generally stable,\" stated ministry spokesperson, Lu Aihong, during a press conference.
The government's focused efforts on poverty alleviation have yielded significant results, with over 33.05 million individuals who had been lifted from poverty now gainfully employed by the end of 2024. This marks a substantial step towards bridging inequality and promoting inclusive growth.
Moreover, China's push towards digital transformation is evident in its social security advancements. By the end of last year, nearly 1.39 billion people held social security cards, including 1.07 billion digital social security card users. These cards, available in both physical and digital formats, play a crucial role in streamlining access to social services.
Emphasizing the importance of skill development, the ministry has enhanced the management of vocational competence assessments. Lu highlighted that over 12 million individuals obtained vocational skill-level certificates or professional qualification certificates in 2024, equipping the workforce with essential skills for a dynamic economy.
Looking ahead, the ministry announced a targeted employment support program for 2025. This initiative focuses on key sectors, industries, urban-rural grassroots, and micro, small, and medium-sized enterprises. Part of the program involves establishing a mechanism to collect and release information on job positions related to major projects, fostering transparency and accessibility in the job market.
In efforts to enhance the private pension system's appeal, the ministry plans to accelerate research and formulate relevant policies and measures. This move aims to strengthen social security and encourage long-term financial planning among citizens.
The human resource service industry is also experiencing significant growth. By the end of 2023, over 70,000 human resource service agencies were operating nationwide, employing 1.06 million people. These agencies provided services to 300 million workers and 55.99 million employers throughout 2023, with approximately 40 percent serving the manufacturing sector, according to ministry official, Zhang Wenmiao.
Youth employment remains a top priority. The ministry is set to introduce a youth job creation program in 2025, including measures to boost employment for college graduates. \"We will organize a series of activities to promote employment and entrepreneurship among young people,\" said ministry official, Chen Yongjia.
China's comprehensive approach to job creation and employment support reflects its dedication to fostering economic stability and sustainable growth. As the nation navigates the challenges of the global economy, these initiatives are poised to benefit not only its citizens but also the broader Asian region and global partners.
Reference(s):
China adds 12.56m new urban jobs in 2024, employment situation stable
cgtn.com
