The number of people coming onto the job market in 1996 was estimated at 9.55 million, while state firms could lay off as many as 3.9 million, it said in a joint forecast with the State Information Center.
Foreign-funded firms and private companies were expected to take on 3.6 million and 5.3 million new workers respectively in 1996, it said.
During the 1996 to 2000 period, China will have to find jobs for 10 million new workers each year as well as for those laid off by companies trying to raise their efficiency through better technology, officials have said.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.