-
China's State Council has introduced new policies aimed at promoting employment and steering the country toward its economic objectives, focusing on stabilizing the job market and fostering high-quality economic development.
The policies offer enhanced financial incentives for employers, such as higher reimbursements for unemployment insurance payments, provided they meet specific criteria. Employers facing difficulties can defer payments into pension, unemployment, and work-related injury insurance programs without incurring late fees.
Small and medium-sized enterprises in key industries like modern manufacturing and new energy will receive social insurance subsidies for hiring from key groups, including college graduates and migrant workers, with contracts of at least one year.
Companies hiring young unemployed individuals aged 16 to 24, who have signed standard labor contracts and paid their social insurance portion for at least three months, are eligible for one-time government subsidies of up to 1,500 yuan ($209) per person.
-ad
Authorities are urged to initiate construction programs to integrate urban and rural development, creating jobs for migrant workers and the laid-off. The government will support companies in organizing skills training and encourage vocational colleges to admit young, laid-off, or migrant workers seeking to enhance their skills.
Local governments must optimize job services, offer unemployment insurance to eligible workers, and provide employment aid to those facing long-term unemployment due to age or disability. They should also enhance data collection on the job market and strengthen oversight of employment funds to prevent fraud.
The State Council emphasizes that governments should prioritize employment, analyze the impact of the new policies, and prepare for potential unemployment risks.
Source :
Editor: Crystal H
Advertisement
Most Popular
What is "zuo yue zi"? She wrapped in large plastic bag after...
Press "wow"
No comments:
Post a Comment