Financial Times FT.com

Beijing forecasts grim employment outlook

By Geoff Dyer in Beijing

Published: November 21 2008 02:37 | Last updated: November 21 2008 02:37

China’s employment outlook is becoming “grim”, say officials, as the global financial crisis triggers fresh factory closures in the export sector.

Urban unemployment has begun to rise and will increase next year, Yin Weimin, minister of human resources and social security, said on Thursday.

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