China labour ministry says urban unemployment rate remained at 4.05% at end 2015

The government in China targeted to keep the urban unemployment rate below 4.5% in 2015

• No problemo says the labour department - it was 4.05% at the end of the year!
• Unchanged from 4.05% at the end of Q3 2015

And employment in China is to 'remain stable' in 2016 too says a spokesman.

High fives all round.

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I'd raise doubts about the veracity of Chinese economic data but the last time I did I had to send myself to the naughty corner.