On August 4, 2009, a Chinese senior labour officer said there were more than16.5 million people out of work. The unemployment situation in China, caused by the global crisis, was very serious.

Wang Yadong (deputy director of the employment promotion department of the Ministry of Human Resources and Social Security) said the unemployment rate will remain below 4.6 percent this year. Read more…

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China, economy, job, labour, officer, situation, unemployment, work

According to the provincial labor authority, the situation of the job market will worsen over the next three months as the economic slowdown starts to bite.

The Guangdong labour and social security department pointed out in a press release that in the first 11 months, more than 1.8 million people started their first job, while 626,000 others found new ones after being made redundant.

However the press release Read more…

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China, economy, Financial crisis, job market, situation