Ministry of Human Resources and Social Security: During the 14th Five-Year Plan period, the basic old-age insurance participation rate increased to over 95%.
On October 10, Li Zhong, spokesperson and vice minister of the Ministry of Human Resources and Social Security, said at a press conference held by the State Council Information Office that during the 14th Five-Year Plan period, cumulative urban new employment exceeded 62 million, the average surveyed urban unemployment rate nationwide was 5.2%, and the coverage rate of basic old-age insurance rose to more than 95%.
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