BEIJING, July 16 (Xinhua) -- China's job market remained stable in June, with the unemployment rate at a relatively low level, official data showed Monday.
In June, the surveyed unemployment rate in urban areas was 4.8 percent, unchanged from the level in May and down 0.1 percentage point from June last year, according to the National Bureau of Statistics (NBS).
The urban surveyed unemployment rate in 31 major cities was 4.7 percent, unchanged from May, and down 0.2 percentage points year on year.
Starting from April this year, the NBS has regularly released the monthly surveyed unemployment rate in urban areas to help the government improve macro-control and provide information for formulating employment policies.
The surveyed urban unemployment rate is calculated based on the number of unemployed people who have participated in the employment survey in urban areas, including migrant workers in cities.
The rate was first introduced in 2014 to better reflect the job market and serve as a supplement to the registered urban unemployment rate compiled by the Ministry of Human Resources and Social Security.
Monday's data showed that China's gross domestic product expanded 6.8 percent year on year in the first half of 2018.
China approves two IPO applications
Across China: Young entrepreneur adds vigor and innovation to China's shoe-making industry
China can rise above impact of ongoing trade war, experts say
China Mobile to establish research institute in Xiongan
Bridgewater becomes a private equity manager in China
China becomes one of the major lithium battery manufacturing nations
Central government to assign pension insurance fund in China
9th Golden Bull awards ceremony for China's private equity industry held in Suzhou
