China economy stable, adds 7.25 million jobs

Written by: IANS
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Beijing, July 16: China's job market remained "generally stable" in the first half of the year, despite the economic slowdown during the period, latest data showed.

China added 7.25 million jobs in the first half, an increase of 310,000 from the number seen during the same period last year, Yin Weimin, minister of human resource and social security, revealed during a meeting on Tuesday.

The registered urban unemployment rate stayed unchanged at 4.1 percent, Xinhua quoted hm as saying.

The job data followed Monday's release of a string of economic indicators that showed China's economic growth slid to 7.6 percent during the January-June period.


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