Employment in 2009 tops expectations
An expert from the Chinese Academy of Social Sciences has said that the employment situation in 2009 is better than expected. The director of the Academy’s Sociology Institute, Li Peilin, said on Monday that although China experienced its worst unemployment in three years this year, the situation has been better than expected.
Most rural migrant workers who lost their jobs during the financial crisis in 2008 have already returned to the cities and found new jobs. Meanwhile, more than 6 million college graduates have found jobs this year.
Figures from the Ministry of Education show that the employment rate for new graduates was 74 percent in July and August.