China / 10.66 million urban jobs added

China’s urban unemployment rate dipped last month with the Asian nation creating 10.66 million new jobs in cities during the first nine months of the year.

The urban jobless rate was reduced to 4.04 per cent at the end of September from 4.1 per cent three months earlier, according to the Chinese Ministry of Human Resources and Social Security (MOHRSS).

China’s urban employment increased by 10.66 million people during the first nine months of 2013, hitting the nine million target for the year ahead of schedule, said Ministry Spokesperson Yin Chengji at a press conference.

“The job market situation is relatively stable and employment is seeing steady growth in the first three quarters,” said Chengji.

The Chinese government had set this year’s urban unemployment rate target at 4.6 per cent.

Chosen excerpts by Job Market Monitor. Read the whole story at 

via China adds 10.66 million urban jobs | The BRICS Post.