Ningbo keeping low registered unemployment rate in cities and towns

Category: Governmental News
Published: Thursday, 19 January 2012 18:02

According to a report from a meeting on labor and social security, in 2011 Ningbo made notable achievements in promotion of employment. In the year the city had 148,000  more urban residents employed. The registered unemployment rate in cities was 3.44%, and for successively 6 years the rate has been under 4%.

To promote employment, the city has implemented a series of policies resulting in very good social effects.

College graduates are important resources and therefore their employment was the focus of the work of the government. Jin Junjie, Director of Ningbo Bureau of Human Resources and Social Security, said that in the last year the city organized various special activities like the "job fair for college graduates", the "employment service month" and the practice program for graduates. The city established 117 practice bases for college graduates, offered opportunities for 16,000 college graduates to work in the bases, and the employment rate for the graduates for their first job reached 91.03%. In addition, the city dealt out 649 million yuan of various subsidies for employment, which benefitted 123,500 people. The city offered 8,700 public-welfare jobs.

By the end of 2011, the city had established 152 platforms for employment service and the service network covers all the communities and towns. 5 college graduates business parks and 3 vocational training bases were established. 1,000 college graduates got supported in their business establishment. The city increased 92,000 businesses, involving 33,000 people. It granted 66,570,000 yuan of small loans, increased by 47% over the same period of previous year.

In front of the tough economic situation, the city had 186,000 people trained for employment. The expenditure on unemployment insurance reaches 464 million yuan. All these measures effectively promoted the healthy development of enterprises and lay a solid foundation for the employment of the city