China's surveyed unemployment rate drops in Sept.

Added On October 20, 2020

 Latest data show that China's surveyed unemployment rate in urban areas stood at 5.4 percent in September, 0.2 percentage points lower than that of August.

According to data from the National Bureau of Statistics (NBS), a total of 8.98 million new urban jobs were created in the first three quarters, completing 99.8 percent of the annual target.
The surveyed unemployment rate among those aged between 25 and 59 stood at 4.8 percent in September, unchanged from that of August.
Meanwhile, the NBS said the surveyed unemployment rate in 31 major cities was 5.5 percent last month, down 0.2 percentage points from August.
The surveyed urban unemployment rate is calculated based on the number of unemployed people who have participated in the employment survey in urban areas, including migrant workers in cities.
According to the government work report, China will give priority to stabilizing employment and ensuring living standards this year, aiming to add over 9 million new urban jobs and keep the surveyed urban unemployment rate at around 6 percent.