Hey there! Did you hear the news from China? π¨π³ China is extending its special plans to help people keep their jobs and learn new skills all the way until 2025! That’s great news for workers and companies! π
So, what’s happening? Well, the Chinese government announced that they’re going to keep supporting companies that try really hard not to lay off their employees. If companies avoid letting people go or keep layoffs to a minimum, they can get refunds on some of the unemployment insurance they’ve paid. π°
But that’s not all! To help workers get even better at their jobs, China is making it easier for people to get help learning new skills. They’re relaxing some rules so more people can get support to upgrade their skills. πβ¨
These measures also make sure that people who are unemployed still get the help they need. This includes things like unemployment benefits, health insurance, and support for older people who are looking for work. β€οΈ
China has set some big goals! They want to keep the urban unemployment rate at around 5.5% in 2025 and create over 12 million new jobs in cities this year. π In the first quarter of 2023, the urban unemployment rate was about 5.3%.
All these efforts show how important jobs and skills are for the future! π
Reference(s):
China prolongs policies to keep job market stable, enhance skills
cgtn.com