China’s jobless rate lowest in years


This photo taken on August 9, 2014 shows workers dismantling electronic waste at a workshop at Guiyu Township in Shantou City, south China's Guangdong. - AFP PHOTO / JOHANNES EISELE

BEIJING: China’s unemployment rate has hit its lowest rate in multiple years at 3.95% by the end of September, but employment and social security still face challenges as the economy pushes ahead with structural reforms.

The ministry of human resources and social security said in a statement that 10.97 million new jobs had been created in China from January to September this year, a growth of 300,000 compared with the previous year.

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