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Shanghai's jobless rate hits 3-year low
Shanghai's unemployment rate hit a three-year low in July. The Shanghai Municipal Labour and Social Security Bureau (SLSS) said the unemployed population was 277,000, the lowest since 2002. Many believe the dwindling trend will continue. However, SLSS pointed out that finding new jobs is still a daunting challenge. Males, face a more difficult time finding work than women, statistics show. In February, there were 307,000 unemployed. That number had been reduced by 30,000 by July while the average length of unemployment was shortened from 15.5 months to 13.3. Males make up 56.1 per cent of the 277,000 while the percentage of newly unemployed males is much larger than that of the females. Shen Zuhuan, director of the employment department of SLSS, explained that because of the booming of the tertiary industry in the city, the service sector demands more female workers, so it is easier for women to find a job. "Another thing worth mentioning is that most of the unemployed men are of middle age, low education level and have a single skill, so they are facing fiercer competition on the labour market," Shen said. But Shen also said unemployed men showed a more active attitude than their female counterparts, thus the local government will continue to work hard to help them find new jobs. The officials of the SLSS also pointed out that people above 45-years-old take up 36 per cent, the largest proportion, of the unemployed population. Meanwhile, officials from the Shanghai Municipal Education Commission said the employment rate of new university graduates matched last year's. However, the major difference is that some majors which were previously seen as easy guarantees of employment, such as English, tourism and management, are now facing a downturn. |
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