China created 10.49 million new urban jobs in the first three quarters of 2024, with the overall employment remaining stable, the Ministry of Human Resources and Social Security announced at a press conference in Beijing on Friday.
Since the beginning of this year, coordinated efforts have been stepped up to promote employment for key groups. The country has deployed 43,000 college graduates to grassroots areas to worked on posts related to teaching, agriculture, medical service and poverty alleviation, the ministry said.
In addition, specific measures have been taken to strengthen employment support for those lifted out of poverty, with over 33 million people who have shaken off poverty employed by the end of September, the ministry said.
Meanwhile, more than 100,000 key enterprises have received extensive support in fulfilling their labor demand with over 1.86 million job placements, it said.
In the January to September period, the government continued to reduce premium rates for unemployment insurance, saving companies 130.9 billion yuan (about 18.41 billion U.S. dollars) in operating costs, refunding a total of 20.4 billion yuan (about 2.86 billion U.S. dollars) of unemployment insurance paid by enterprises, and benefiting over 56 million people, according to the ministry.
China adds 10.49 mln new urban jobs in first three quarters
