4.1% registered unemployment rate fell in two consecutive quarters in the previous September

New Express News (reporter Shing) The decline in unemployment has also been a testament to the steady economic recovery in China – yesterday, the Ministry of Human Resources and social Security announced the progress of human resources and social security work in the third quarter. Data show that by the end of the three quarter, the national urban Registration of the unemployed number of 9.05 million people, compared with the end of the second quarter 60,000 people. The urban registration unemployment rate was 4.1%, down 0.1% from the end of the second quarter. This is also a two consecutive decline following two quarters.　　According to statistics, the first September of this year, the country's urban new employment 9.31 million people, completed the year 9 million target 103%, the national Laid-off workers to re-employment 4.4 million people to complete 5 million of the year target 88%, the employment of workers to achieve 1.26 million people, the completion of the target 1 million people 126%. It is understood that the financial crisis at the end of 2008, China's urban registration unemployment rate began to rise. The three-quarter 2008-year period was stable at 4%, and up to 4.8% in the quarter to four. Then, since the first quarter of last year, the urban registration rate has been at a high level of 4.3%.　　And as domestic economic growth rebounded steadily, it began to fall in the two quarter. Does this data enter the downlink and remain stable? Market participants believe that the next Chinese economy, while stable, but the government at the expense of rapid growth in exchange for a more healthy industrial structure of the plan is already clear, and this will directly lead to a rise in unemployment.　　and an investment-driven economic recovery may not be sustainable, and it will require faster government implementation and more aggressive employment policies. However, some experts said that from the years of urban registration rate of unemployment indicators, China's unemployment data are basically below 5%. In fact, China's urban registration unemployment rate has not fully reflected the current situation of labor market, the response to economic performance has also been a gap, has lost the value of macroeconomic decision-making indicators.