In 2013, China's labor market maintains a stable situation throughout the year, and substantial employment opportunities are created. For the first three quarters, a total of 10.66 million urban jobs were created, which already accomplished the annual target set at the beginning of the year. The urban registered unemployment rate still maintains at a low level of 4.04%, which is below the 4.6% control level. In recent years, the industrial transformation and upgrading have positive impact on the total amount of employment, and optimize the employment structure. The internal structure of the secondary and tertiary industry has changed significantly, and the tertiary industry becomes the main engine in terms of job creating. During the process of industrial transformation, frictional unemployment is a newly emerging problem, which demonstrates negative impact on traditional manufacture sector.
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