BEIJING – China’s job market remained generally stable in the first 10 months of the year, the National Bureau of Statistics (NBS) said Thursday.
A total of 11.93 million new urban jobs were created during the period, meeting this year’s target of adding over 11 million urban jobs ahead of schedule, according to the bureau.
The surveyed urban unemployment rate nationwide stood at 5.1 percent last month, 0.1 percentage points lower than September.
The surveyed unemployment rate among the people aged between 25 and 59, the majority of the labor market, stayed unchanged at 4.6 percent last month.
Meanwhile, the surveyed urban unemployment rate of 31 major cities was 5.1 percent in October, dropping 0.1 percentage points from September, said the NBS.
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.
It was first introduced in 2014 to better reflect the job market and serve as a supplement to the registered urban unemployment rate compiled by the Ministry of Human Resources and Social Security.