China: New Urban Jobs (YTD Cumulative, YoY)

Macro

2026-10-10

Description

China Urban New Employment Growth Rate is published by the Ministry of Human Resources and Social Security (MOHRSS) of China. This indicator measures the cumulative growth rate of new jobs created in urban areas during a specific period, serving as an important metric for assessing the health of the urban labor market and overall economic growth. A higher value indicates a strong job market and economic expansion, while a lower value may suggest an economic slowdown or challenges in the labor market.

Published by
Human Resources and Social Security (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The latest data shows that in Q3 2026 (as of July), the cumulative year-on-year growth rate of China's urban new employment dropped to -0.21%, contracting again from the previous 0.0%. Although officials announced that new employment in the first three quarters reached over ten million, under the impact of AI technology and the pressure of domestic demand transition, the labor market is gradually leaning toward the gig economy, and the overall expansion momentum remains sluggish.

AI Data Insight

The latest data shows that in Q3 2026 (as of July), the cumulative year-on-year growth rate of China's urban new employment dropped to -0.21%, contracting again from the previous 0.0%. Although officials announced that new employment in the first three quarters reached over ten million, under the impact of AI technology and the pressure of domestic demand transition, the labor market is gradually leaning toward the gig economy, and the overall expansion momentum remains sluggish.

Description

China Urban New Employment Growth Rate is published by the Ministry of Human Resources and Social Security (MOHRSS) of China. This indicator measures the cumulative growth rate of new jobs created in urban areas during a specific period, serving as an important metric for assessing the health of the urban labor market and overall economic growth. A higher value indicates a strong job market and economic expansion, while a lower value may suggest an economic slowdown or challenges in the labor market.

Published by
Human Resources and Social Security (Choice)
Frequency
Monthly
Next Update