China's urban unemployment rate stood at around 4.1 percent in 2013, according to a statement the Ministry of Human Resources and Social Security made on January 24.
The unemployment rate edged up to 4.05 percent at the end of the fourth quarter of last year, from 4.04 percent at the end of the previous three-month period, Li Zhong, a ministry spokesman, said at a press conference.
A total of 13.1 million new jobs were created in urban areas last year, and 5.66 million people were re-employed after losing work, according to the ministry.
The gross revenue of social insurance funds increased 13.8 percent year on year to 3.29 trillion yuan ($543 billion), while gross expenditure totaled 2.65 trillion yuan ($438 billion), up 19.6 percent from a year ago, Li added.
China's social insurance funds contain five parts, namely basic pension funds, basic medical insurance, unemployment insurance, work-related injury insurance and maternity insurance. |