China has created 12.56 million new urban jobs in 2024, reflecting a stable employment situation, according to the Ministry of Human Resources and Social Security. The announcement was made on Tuesday, highlighting the nation's commitment to job creation and economic stability.
In 2024, China's surveyed urban unemployment rate stood at 5.1 percent, a decrease of 0.1 percentage points from the previous year, according to the ministry. \"The employment situation remained generally stable,\" said Lu Aihong, spokesperson for the ministry, at a press conference.
Boost in Employment for People Lifted from Poverty
By the end of 2024, over 33.05 million individuals who had been lifted from poverty secured employment, Lu reported. This significant achievement underscores the effectiveness of China's poverty alleviation efforts and its impact on improving livelihoods.
Expansion of Social Security Coverage
China's social security card holders reached nearly 1.39 billion by the end of last year, including 1.07 billion digital social security card users, according to the spokesperson. Social security cards are divided into physical and digital cards, with many residents holding both types.
Enhancing Vocational Skills Certification
Lu added that the ministry has strengthened the standardized management of vocational competence assessment. Over 12 million individuals obtained vocational skill-level certificates or professional qualification certificates last year, indicating a strong emphasis on skill development and professional growth.
Future Employment Support Initiatives
The ministry announced plans for 2025 to implement a targeted employment support program for key sectors, industries, urban-rural grassroots areas, and micro, small, and medium-sized enterprises. This initiative aims to establish a mechanism for collecting and releasing information on job positions related to major projects.
The ministry will also accelerate research and formulation of policies to further enhance the private pension system's appeal, aiming to provide better retirement options for the population.
Growth in Human Resource Services
By the end of 2023, there were 70,000 human resource service agencies operating across the country, employing 1.06 million people, according to Zhang Wenmiao, an official with the ministry. Throughout 2023, these agencies provided services to 300 million workers and 55.99 million employers, with approximately 40 percent of these employers in the manufacturing sector.
Focus on Youth Employment
The ministry stated that this year it will introduce a youth job creation program, including measures to boost employment for college graduates. Youth employment, particularly for college graduates, remains a top priority. Chen Yongjia, an official with the ministry, added that throughout 2025, the ministry will organize a series of activities to promote employment and entrepreneurship among young people.
Reference(s):
China adds 12.56m new urban jobs in 2024, employment situation stable
cgtn.com