China will adopt new pro-employment measures and enhance its support
for key groups of job-seekers to meet this year's job creation targets,
the State Council's executive meeting chaired by Premier Li Keqiang
decided on Friday. Premier Li Keqiang has underlined that employment is crucial to
keeping economic fundamentals stable. It is important to implement the
employment-first strategy and expand channels for employment. "The employment situation remains stable overall. Yet we shall not
let down our guard against potential risks. From January to August, 7.81
million urban jobs have been created. We are well-positioned to achieve
the target of creating 9 million new urban jobs for the entire year,"
Li said at the meeting. "That said, we must recognize the challenges in
the employment prospect. The unemployment rate of certain groups of
populations and regions remains high. Those employed have seen their
income shrunk." The Friday meeting underlined that creating sufficient jobs is
essential for securing overall economic performance. Since the start of
this year, local governments and competent departments have put job
creation on the top of their work agenda and implemented strong measures
to support employment, and the surveyed urban unemployment rate has
dropped steadily from its February peak. Greater efforts are needed to support market entities and create
jobs. The policies to help troubled companies and support employment and
business start-ups must be well implemented. The measures to relieve
business burden, secure jobs and expand employment need to be fine-tuned
to better benefit micro, small and medium-sized businesses and
industries that are particularly hard-hit and recovering at a slower
pace. "In the first half of this year, we focused on helping businesses to
keep their payrolls stable. Starting from now, our focus shall be
shifted to adding new jobs. We must not reduce the intensity of fiscal
and financial support policies or the policies in improving the business
climate," Li said. "We must place great importance on the employment of
college graduates this year. We need to expand employment channels for
key groups of people, to further tap the potential of employment." Support for key groups of job-seekers needs to be prioritized.
College graduates will receive support for employment and business
start-up, with skills training provided to make them better prepared for
jobs, and market resources leveraged to create more job opportunities.
Employment services will also be offered to college graduates who have
yet to find jobs to support their transition from campus to career. The meeting said employment services and support for entrepreneurial
activities will be stepped up for rural migrant workers. Public works
programs for poverty alleviation purposes will be expanded in both
investment sectors and geographical coverage. Employment aid will be
intensified for job-seekers in difficulty. "While we work to ensure we meet the employment targets and tasks for
this year, we must pay special attention to supporting businesses in
difficulty. Helping the market players to survive is of great importance
in keeping employment stable," Li said, "we also need to take
well-focused steps to increase the number of new market players and
create more jobs." The employment potential will be further unlocked. Vocational
up-skilling will continue to be promoted. Competent authorities are
required to meet their due responsibilities to encourage flexible
employment and create more jobs via multiple means. "As consumption serves as the primary driving force for growth, and
consumer demand is more persified, the space for flexible employment
has increased accordingly," Li stressed. "Competent departments need to
introduce support policies for flexible employment." Enditem
|