Traditional Industrial Base Aims to Chop Unemployment Rate

Home>>Business

Last updated at: (Beijing Time) Monday, March 03, 2003

Traditional Industrial Base Aims to Chop Unemployment Rate

Liaoning Province, a traditional industrial base in northeast China, has vowed to keep its urban unemployment rate under 6 percent this year by helping 900,000 laid-off workers find new jobs.

DISCUSSION

CHINESE

SEND TO FRIEND

Liaoning Province, a traditional industrial base in northeast China, has vowed to keep its urban unemployment rate under 6 percent this year by helping 900,000 laid-off workers find new jobs.

Earlier this week, Liaoning Governor Bo Xilai said the provincial government aimed to lift the urban poor out of poverty by providing them with adequate training and subsidies to help them find jobs or start up their own businesses.

Meanwhile, local governments would extend two-year loans worth 20,000 yuan (2,400 US dollars) each to unemployed people aged under 60 who were willing to start up a business, he said.

On the other hand, the provincial government has budgeted an annual 100 million yuan (12 million US dollars) for the coming two years to create job opportunities exclusively for laid-off workers.

Liu Guiying, 41, had suffered many frustrations in her three-year-long job search before she got some professional advice from a government-run employment agency early in 2002.

In one week, Liu was recommended to work as a waitress at a local hotel, where she has stayed for over a year.

Liu was one of the 1.027 million unemployed and laid-off urban residents to take up new posts last year.

This year, the provincial government will continue to focus itsefforts on middle-aged, laid-off workers with little professional background like Liu, said sources with the provincial bureau of labor and social security.

The municipal government of Dalian, for example, has vowed to help nearly 1,000 laid-off workers find new jobs by the year's end.

As a heavy industrial base, Liaoning Province is home to nearly10 percent of the country's large and medium-sized state firms. The considerable number of laid-off workers in cities, redundant laborers pouring in from the rural areas and the 200,000 new graduates annually have all posed challenges to its job market.

Questions?Comments? Click here

Which Country, China or Japan, Does Russian Oil Pipeline Lead to? ( 3 Messages)

Chinese Fast Food Chains Battle Foreign Competitors ( 4 Messages)

Chinese Commemorate Dead Soviet Pilots ( 3 Messages)

China-ASEAN Economic Cooperation Upgraded ( 2 Messages)

Japan Strives to be Major World Power: Analysis ( 7 Messages)