Great Expectations
China’s urban residents were more upbeat about the country’s employment situation in the first quarter of 2023 than the previous quarter, according to a survey by the People’s Bank of China, the country’s central bank, Xinhua News Agency reported on April 5.
The employment expectation index stood at 52.3 percent in the first quarter of 2023, increasing by 9.4 percentage points from that in the fourth quarter of 2022, according to the survey among 20,000 urban households in 50 cities.
The index gauging the households’ feelings about the current employment situation also moved in a positive direction, up
