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China's jobless rate in the first half of this year may exceed an
expected 4.5 percent, Xinhua news agency said, citing a government
research unit.
Higher unemployment came after the outbreak of SARS closed or
slowed some businesses, said Fan Jianping, deputy head of the State
Information Center. China's unemployment rate stood at 4.1 percent
at the end of March. The official figures don't take into account
migrant workers or workers who may remain nominally on company
payrolls. China's economic growth in the first six months will be
up to 8.5 percent, the report said.
(Shanghai Daily July 7, 2003)
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