Economy

Central and local governments work together to stabilize employment and accelerate the implementation of measures to increase employment

2025-09-02   

As one of the "four stabilizations" work, efforts have been continuously made from the central to local levels to further implement stable employment policies, in order to release the effectiveness of stabilizing and expanding employment. The interviewed experts stated that a series of fiscal, monetary, and industrial policies issued by the central government are closely focused on the goal of "employment priority", and in terms of actual effects, they have played a fundamental and crucial role in promoting stable employment. With the implementation of supporting policies, policy effectiveness will further emerge, and the overall employment situation is expected to remain stable in the future. Since the beginning of this year, China's policy system for stabilizing employment has continued to improve, with the accelerated implementation of policies for increasing employment. Cui Pengcheng, spokesperson for the Ministry of Human Resources and Social Security, introduced that the department mainly focuses on supporting the development of enterprises, and policies help stabilize and expand employment; Focus on key groups such as college graduates and further increase employment support and guarantee efforts; Focusing on improving the abilities of workers and enhancing the targeted effectiveness of vocational skills training; Focus on the integration of human resources supply and demand, and enhance the level of public employment services. According to data from the Ministry of Human Resources and Social Security, in the first half of this year, 6.95 million new urban jobs were created nationwide, completing 58% of the annual target task. The government uses real money and silver to support employment, including increasing the policy of stabilizing employment through unemployment insurance, expanding the scope of social insurance subsidies, and other measures, which have reduced the burden on enterprises, effectively promoted stable employment positions and employment absorption, and effectively played a role in stabilizing employment. ”Wang Xiaosong, professor of the School of Economics of Renmin University of China, said. Taking unemployment insurance as an example, in the first half of this year, the rate reduction reduced labor costs for enterprises by more than 90 billion yuan, distributed stable employment funds of 6.2 billion yuan to insured enterprises, and supported employment promotion expenditures such as training by 11.3 billion yuan. Accelerate the implementation of employment increment policies. The Notice on Further Increasing Policy Support for Stable Employment, issued by the General Office of the State Council in July, proposes 19 policy measures from 7 aspects, clarifying policies such as increasing the proportion of stable employment return for unemployment insurance, phased deferral of social security contributions, and strengthening skills training, focusing on stabilizing employment, enterprises, markets, and expectations. The relevant person in charge of the Ministry of Human Resources and Social Security stated that the next step will be to explore and cultivate employment growth, implement plans to tap and expand key areas of employment, and work with relevant departments to cultivate and strengthen employment growth points such as digital economy, green economy, silver economy, and night economy. Support stable employment stock, implement policies such as detailed employment subsidies, tax incentives, and guaranteed loans, and promote one click application and direct subsidy processing. The employment situation is expected to further improve. Since July, many regions have accelerated the implementation of detailed and stable employment measures. For example, Beijing has formulated and issued the "Implementation Opinions on Promoting High Quality and Full Employment", which for the first time comprehensively deploys and focuses on promoting high-quality and full employment in the form of documents from the municipal party committee and government, and clarifies the timetable and roadmap; 14 departments in Guizhou Province have formulated and issued the "Several Measures for Further Stabilizing and Expanding Employment", which specifies that by the end of 2025, more than 400000 emerging fields such as artificial intelligence and low altitude economy, as well as work for relief positions, will be released, and funds will be coordinated to develop temporary public welfare positions to resettle poverty-stricken labor and other disadvantaged groups; Jilin will prioritize the expansion of new urban employment as a policy priority, and the province plans to develop over 180000 job opportunities in key industries, new quality productivity, and new consumption hotspots. This will be announced through the "96885 Jilin Online" platform, and a rapid response mechanism for job vacancies will be established for 2101 major projects worth over 50 million yuan. Looking ahead to the future employment situation, experts generally believe that with the sustained recovery of the economy and the release of policy effectiveness, the employment situation is expected to further improve. In Wang Xiaosong's view, the Chinese economy is stable and improving, providing strong support for employment, especially in the service industry where the development momentum is good. Cultural and tourism consumption has driven the demand for employment in related industries; The equipment manufacturing industry is developing well and can attract more high-tech talents. In addition, the continuous implementation of macro policies, investment in equipment upgrades, and measures to stabilize foreign trade will further promote economic development and alleviate employment pressure. Li Chang'an, a researcher at the National Institute of Opening up at the University of International Business and Economics, suggested that we should focus on "investing in people" and continuously increase support for education and training. In his view, to solve the structural employment problem and alleviate the difficulty of youth employment, it is essential to carry out vocational skills education, which is of great significance for further achieving high-quality and full employment in the future. (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:Shanghai Securities News

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