In March, the country's surveyed urban unemployment rate stood at 5.2 percent, with the employment situation remaining generally stable, according to the Ministry of Human Resources and Social Security.
The country set an annual target of creating more than 12 million new urban jobs for 2024. It aimed to keep the surveyed urban jobless rate at around 5.5 percent this year.
As many as a million Russians fled for abroad in the first year of the war in Ukraine. Now, thousands are returning home, boosting Russia’s economy.
The Hong Kong economy has seen five consecutive quarters of growth, primarily driven by a revival of inbound tourism alongside the continued recovery of the stock market.
There are many aspects of the Chinese economy that are interesting. The most striking thing about the economy from a Western perspective is that while the Chinese economy is a market-based economy insofar as prices are set by the market, investment in China remains tightly controlled by the government.