Logo 08 May 2020

The scale of employment pressure revealed…sort of

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New data from the Ministry of Human Resources and Social Security (MoHRSS) sheds some light on the employment pressures brought on by COVID-19.

MoHRSS says that so far in 2020, it has refunded RMB 42.3 billion worth of unemployment insurance payments to 3.2 million companies.

Some context: Au...