China says unemployment rate eased to 4.05 percent at end first-quarter

April 24, 2015 7:17 AM

49 0

China says unemployment rate eased to 4.05 percent at end first-quarter

BEIJING (Reuters) - China's urban unemployment rate ticked down to 4.05 percent at the end of March from 4.1 percent at the end of 2014, the labor ministry said on Friday.

Facing slowing economic growth, Chinese authorities have said that avoiding mass unemployment is a crucial policy priority, although the urban jobless rate is widely known to understate the real unemployment figure, a point acknowledged by the government.

Read more

To category page

Loading...