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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World China facing huge unemployment pressures AFP - Saturday, September 11 Send IM Story Print China facing huge unemployment pressures Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – With more than one billion workers in China, the world's most populous nation is facing a huge unemployment problem as only 780 million labourers are employed, the government said Friday. The numbers included in China's "white paper" on the nation's human resources, released on Friday, suggest that around 22 percent of China's labour force is without jobs. "China is facing huge employment pressures at present and for the foreseeable future," Yi Chengji, spokesman for the Ministry of Human Resources and Social Security, told reporters at the launch of the white paper. "As China's urbanisation quickens, employment pressures from the many surplus rural labourers are getting bigger and bigger," Yi said. "Currently there are about 100 million surplus rural workers that need to be transferred (to urban jobs)." The country's employment situation has long been vague as the government only routinely publishes unemployment statistics on urban workers, excluding rural areas. According to the paper, there were 9.21 million registered urban jobless in China at the end of 2009, resulting in just a 4.3 percent urban unemployment rate. China is undergoing an unprecedented urbanisation process as hundreds of millions of people have headed to fast-growing urban areas since the nation's economy embarked on a fast-paced growth track more than 30 years ago. The country's urban population will rise to over 700 million people by 2015, outstripping the rural population for the first time, state media said in July, citing Li Bin, head of the nation's population planning agency. China, which has the world's largest population of more than 1.3 billion people, saw its total labour pool increase by 112 million people over the past decade to more than one billion people, according to the white paper. Recommend Send IM Story Print Related Articles CORRECTED: Indexes end up on better outlook Reuters - 20 minutes ago US-BUSINESS Summary Reuters - 22 minutes ago CORRECTED - US STOCKS SNAPSHOT-Indexes end up on better outlook Reuters - 28 minutes ago FOREX-Dollar rises against yen on solid Chinese data Reuters - 29 minutes ago Toys R Us posts quarterly loss Reuters - 38 minutes ago News Search Top Stories Recession has left huge hole: Obama Obama presses Israel to extend settlement freeze Irish bank AIB sells Polish assets to Santander Combat climate change with less gassy diet for cows: study Paramount to open theme park in Spain More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended US pastor puts Koran-burning on hold Wall Street's super traders come under fire Climate: New study slashes estimate of icecap loss Iran to free female US hiker Nokia appoints Microsoft executive as new CEO More Most Viewed » Climate: New study slashes estimate of icecap loss Earth's upper atmosphere shrinking, scientists say Tiger's ex breaks her silence on sex scandal Japanese rider Tomizawa dies in San Marino Moto2 GP 78-year-old woman found alive after week missing in Alps More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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