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Monday, February 29, 2016, 13:05

China created 13.12m new jobs in 2015

By Xinhua

China created 13.12m new jobs in 2015
Chinese jobseekers attend a jobs fair in Beijing on May 18, 2013. (AFP PHOTO / Mark RALSTON)

BEIJING - More than 13.12 million new jobs were generated for urban residents in China in 2015, a senior government official said on Monday.

Yin Weimin, Minister of Human Resources and Social Security, said at a press conference that China had created more than 13 million new jobs for urban residents annually since 2013, though the reading for 2015 was down 0.8 percent from the year before.

Also, China's labor productivity, measured by output per worker, rose 6.6 percent year on year in 2015, suggesting the economy has become more productive, official data showed on Monday.

Labor productivity stood at 76,978 yuan (US$11,842) per person last year, up 4,733 yuan from 2014, marking the fifth consecutive annual gain, the National Bureau of Statistics (NBS) said.

At the end of 2015, China's total employed population stood at 774.51 million.

The 13.12 million new jobs created for urban residents last year exceeding the official target, and the registered unemployment rate in cities was 4.05 percent at the end of 2015, according to the NBS.

China's economy grew 6.9 percent year on year in 2015, the slowest annual expansion in 25 years, with GDP reaching 67.67 trillion yuan.

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