China’s urban unemployment edges down

Beijing, July 24 (IANS) China’s registered unemployment rate in urban areas stood at 4.04 percent by the end of June, edging down from the 4.05 percent seen by March, authorities said on Friday.

A total of 7.18 million new jobs were created in urban areas in the first half of the year, Ministry of Human Resources and Social Security (MHRSS) spokesman Li Zhong said at a press conference.

The government aims to create at least 10 million new jobs in 2015 and keep the urban jobless rate below 4.5 percent, reported Xinhua.

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