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China Daily / 2023-06 / 20 / Page008

Timely, effective policy support crucial to stabilize job market

China Daily | Updated: 2023-06-20 00:00
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China's surveyed urban unemployment rate was 5.2 percent in May, unchanged from the previous month, and the general unemployment rate in the past five months shows a downward trend.

While young people face huge pressures finding jobs, there is a shortage of skilled workers in the market. With many university students graduating soon, promoting stable employment will pose an arduous task for the authorities.

The authorities must make greater efforts to develop the economy and create a good environment for business entities. As the pillar and main source of job offers, business entities play an important role in stabilizing growth, promoting innovation, increasing employment, and improving people's livelihoods.

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