(
Xinhua)
08:52, November 13, 2012
BEIJING, Nov. 12 (Xinhua) -- China's job market is feeling the pressure from the country's economic downshift, as new job growth slows and more people become unemployed, a senior employment official said Monday.
"The impact of economic slowdown on the job market is starting to emerge," said Vice Minister of Human Resources and Social Security Yang Zhiming at a press conference on the sidelines of the 18th National Congress of the Communist Party of China, which opened on Nov. 8.
The growth of newly added jobs in cities has been narrowing since April, while job vacancies have dropped with higher registered unemployed number, Yang said.
"China will continue to face the problem of labor oversupply for a long time," he told reporters.
China's job market is under great pressure this year as nearly 7 million college graduates have entered the job market, while migrant workers and unemployed urbanites still have difficulty getting full employment, said Yang.
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