China stats bureau says employment stable despite COVID-19 impact

The National bureau of Statistics says there have been no large scale layoffs

Also:

• major economic indicators visibly improved in March
• Economic activity is being restored
• expects economic performance in Q2 to be much better than in Q1
• foreign trade in early April further improved from March
• power generation, consumption rising (consumption down in March)

Data ICYMI:

• China March data: Retail sales big miss already low expectations
• Q1 GDP from China: -6.8% y/y (expected -6.0%)

Check out the 'March' post - that retail sales result is dreadful and its not going to be easy to turn around quickly - no 'helicopter money' proposals in China that I've seen like elsewhere.