China's unemployment rate eased in the first quarter to below 4 percent, suggesting a healthy economy and calmed authorities who are concerned that slowing growth may lead to job losses.
The unemployment rate fell to 3.97 percent and 3.34 million jobs were created in the first quarter of the year, data from the Ministry of Human Resources and Social Security showed Tuesday, the state-run news agency Xinhua reported.
The unemployment rate dropped 0.05 percentage points from the previous quarter and 0.07 percentage points from a year ago. The job creation figure was 160,000 higher than that in the same period last year.
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