6 Steps to Create Jobs
China has created 51 million jobs in urban areas in the last five years.
Still, it's not enough.
The employment situation is 'very severe.'
Bread lines, peasants being beggars, that sort of thing.
China's Labor and Social Security has a six step plan:
– implementing employment expansion strategy and putting priority on employment promotion in the course of social and economic development;
– improving the active employment policy;
– building a vigorous mechanism in which employment is boosted via encouraging business startups;
– improving the employment service system for job-seekers in urban and rural areas;
– providing occupational training to laborers so as to solve the structural difficulty in employment;
– establishing an unemployment early warning system and striving to maintain a stable employment situation.
All that adds up to still not enough people having jobs.
With 10+% growth every year, what's the deal?
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