Core Insights - The national urban surveyed unemployment rate for January to September averaged 5.2%, with quarterly averages of 5.3%, 5.0%, and 5.2% respectively, indicating overall employment stability [1] - Employment in service sectors such as transportation, accommodation, catering, cultural and entertainment, health and social work, and public administration increased compared to the second quarter and the same period last year [1] - The unemployment rate for major cities averaged 5.1%, slightly lower than the national urban average, reflecting a more stable employment situation in larger urban areas [2] Employment Trends - The unemployment rate in September decreased to 5.2%, down 0.1 percentage points from the previous month, as seasonal effects diminished [1] - The unemployment rate for migrant workers averaged 4.8%, which is 0.4 percentage points lower than the national urban average, showing stability in this demographic [1] - The unemployment rate for the 16-24 age group, excluding students, rose seasonally in July and August but showed a significant decline in September as graduates secured jobs [1] Policy and Future Outlook - Employment indicators have remained stable, but structural employment challenges persist in certain regions, industries, and demographics [2] - The government plans to enhance macro policy adjustments and increase support for employment stabilization to maintain a steady employment situation [2]

Core Viewpoint - The national economy is operating smoothly with overall stable employment conditions, supported by enhanced macro policies and employment stabilization measures [1] Group 1: Employment Statistics - The national urban surveyed unemployment rate averaged 5.2% from January to September, with quarterly averages of 5.3%, 5.0%, and 5.2%, showing a slight increase of 0.1 percentage points in the first quarter compared to the previous year, while the second and third quarters remained stable [2] - In September, the unemployment rate decreased to 5.2%, down 0.1 percentage points from August, following seasonal adjustments [2] - The unemployment rate in 31 major cities averaged 5.1%, which is 0.1 percentage points lower than the national average, with similar quarterly trends observed [2] Group 2: Employment in Key Sectors - Employment in key service sectors such as transportation, accommodation, and cultural industries improved due to active summer tourism and enhanced employment support policies [3] - The unemployment rate for migrant agricultural workers averaged 4.8%, which is 0.4 percentage points lower than the national urban average, with a slight increase in July due to seasonal factors, followed by a decrease in August and September [3] - The unemployment rate for the 16-24 age group, excluding students, saw a seasonal rise in July and August but significantly decreased in September as graduates secured jobs [3] Group 3: Economic Outlook and Policy Recommendations - The overall economic operation is stable, with steady progress in transformation and upgrading, although structural employment challenges remain in certain regions and industries [3] - There is a need for continued macro policy adjustments to stabilize employment, businesses, markets, and expectations, with an emphasis on enhancing employment support measures [3]

Group 1 - The overall urban surveyed unemployment rate in China remained stable at an average of 5.2% from January to September, with slight fluctuations in the third quarter due to seasonal factors [2][3] - The unemployment rate in 31 major cities averaged 5.1%, slightly lower than the national level, indicating a relatively stable employment situation in urban areas [2] - The unemployment rate for migrant workers was 4.8%, which is 0.4 percentage points lower than the national urban average, showing resilience in this demographic [3] Group 2 - Employment in key service sectors such as transportation, accommodation, and cultural industries improved due to increased support for employment policies and active summer tourism [3] - The unemployment rate for the 16-24 age group saw a seasonal increase during July and August but showed a significant recovery in September as graduates secured jobs [3] - The overall economic operation is stable, with steady progress in transformation and upgrading, although structural employment challenges remain in certain regions and industries [3]

Group 1: Silver Market Analysis - International silver is currently trading above $54.25, with a current price of $54.33, reflecting a 0.14% increase [1] - The highest price reached today was $54.47, while the lowest was $53.41, indicating a short-term oscillating trend in the silver market [1] - The outlook for silver remains bullish, with expectations to test and potentially break the resistance level at $55 [5] Group 2: U.S. Economic Indicators - The U.S. Senate failed to advance the Republican temporary funding bill, with a vote of 51 to 45, marking the tenth consecutive failed vote since the government shutdown [3] - Initial jobless claims decreased to 217,000 from 235,000, a decline of approximately 7.7%, possibly due to the easing of layoffs from the initial government shutdown [3] - The Philadelphia Federal Reserve reported a drop in the October business activity index to -12.8 from 23.2 in September, significantly below the expected 9.5 [3][4] Group 3: Business Activity Survey - 25% of surveyed businesses reported a decrease in overall activity this month, up from 17% last month, while only 12% reported an increase, down from 40% [4] - The survey, conducted between October 6 and October 13, indicates mixed results in sub-indices, with a decline in the shipments index but an increase in the new orders index [4] - Employment conditions worsened, yet overall employment growth is still reflected in the survey [4]

Core Insights - The Federal Reserve's Beige Book indicates that the overall employment situation remains stable, but there is a general weakening in labor demand [1] Group 1 - The employment landscape is described as stable, suggesting that job security is maintained across various sectors [1] - Labor demand is reported to be declining, which may impact hiring practices and wage growth in the near future [1]

(责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 格隆汇9月28日｜国家统计局今日发布《十四五"以来社会民生统计报告》。其中：城镇就业人员继续增 长。2024年末，全国就业人员总量73439万人，其中城镇就业人员47345万人，比2020年末增加1074万 人，占全国就业人员的比重达64.5%；乡村就业人员26094万人，减少2699万人，占全国就业人员的比 重为35.5%，稳岗位、促就业力度加大，城镇就业提质扩容。 第三产业吸纳就业能力增强。2024年末， 第三产业就业人员为35866万人，比2020年末增加60万人；占全国就业人员的比重为48.8%，提高1.1个 百分点，第三产业就业"蓄水池"作用更加凸显。 重点群体就业保障有力。2024年，全国城镇调查失业 率均值为5.1%，比2020年下降0.5个百分点；城镇外来农业户籍劳动力调查失业率均值为4.6%，下降1.0 个百 ...

第三产业吸纳就业能力增强。2024年末，第三产业就业人员为35866万人，比2020年末增加60万人；占 全国就业人员的比重为48.8%，提高1.1个百分点，第三产业就业"蓄水池"作用更加凸显。 城镇就业人员继续增长。2024年末，全国就业人员总量73439万人，其中城镇就业人员47345万人，比 2020年末增加1074万人，占全国就业人员的比重达64.5%；乡村就业人员26094万人，减少2699万人， 占全国就业人员的比重为35.5%，稳岗位、促就业力度加大，城镇就业提质扩容。 央视网消息：据国家统计局网站消息，9月28日，国家统计局发布《十四五"以来社会民生统计报告》。 其中提到：就业形势总体稳定，就业结构持续优化。 重点群体就业保障有力。2024年，全国城镇调查失业率均值为5.1%，比2020年下降0.5个百分点；城镇 外来农业户籍劳动力调查失业率均值为4.6%，下降1.0个百分点。2024年，共帮扶失业人员再就业515万 人，困难人员就业163万人，就业援助和兜底帮扶机制不断加强。 ...

Group 1 - The current employment situation is characterized by severe polarization, with companies increasingly demanding versatile skills from employees [8][10] - There is a shift from specialized roles to a requirement for employees to handle multiple responsibilities, complicating recruitment for headhunters [9][10] - The job market is particularly challenging for those with average skills, as they are now prioritized for layoffs [12][13] Group 2 - The education system is misaligned with market demands, leading to a surplus of graduates in fields that are no longer in high demand [19][20] - The transition from a growth market to a stable market means fewer job opportunities, resulting in a reverse talent flow [20][21] - Companies are increasingly focused on retaining talent that meets evolving industry standards, necessitating continuous adaptation and skill enhancement [25][26] Group 3 - The importance of being adaptable and responsive to market signals is emphasized, as those who can quickly adjust will seize opportunities [21][25] - Every industry has its own barriers to entry, and understanding the criteria for success within these industries is crucial for career advancement [25][26] - The ultimate goal should be profitability, rather than concerns about prestige or status within the industry [27]

Economic Overview - The national economy is maintaining a stable and progressive development trend, with steady production demand and overall stability in employment and prices [1] - New growth drivers are being cultivated and strengthened [1] Industrial and Service Sector Performance - In August, the industrial added value of large-scale enterprises increased by 5.2% year-on-year and 0.37% month-on-month [1] - The service production index grew by 5.6% year-on-year [1] Market Sales and Investment - Social retail sales totaled 39,668 billion yuan in August, reflecting a year-on-year increase of 3.4% and a month-on-month increase of 0.17% [1] - Fixed asset investment continues to grow, and total goods import and export reached 38,744 billion yuan, up 3.5% year-on-year [1] - Exports amounted to 23,035 billion yuan, growing by 4.8%, while imports were 15,709 billion yuan, increasing by 1.7% [1] Employment and Price Stability - The average urban survey unemployment rate from January to August was 5.2%, with August's rate at 5.3%, an increase of 0.1 percentage points from the previous month [1] - The Consumer Price Index (CPI) decreased by 0.4% year-on-year in August, remaining flat month-on-month; however, the core CPI, excluding food and energy prices, rose by 0.9% year-on-year, with an increase of 0.1 percentage points from the previous month [1]

Core Viewpoint - The employment situation in China remains generally stable despite seasonal fluctuations and structural challenges, with the urban surveyed unemployment rate averaging 5.2% from January to August 2023 and standing at 5.3% in August, reflecting a slight increase from the previous month but stable compared to the same period last year [3][4]. Group 1: Employment Statistics - The urban surveyed unemployment rate for August 2023 was 5.3%, up by 0.1 percentage points from July, and unchanged from August 2022 [3]. - The unemployment rate for the main labor force group (ages 30-59) remained stable at 3.9% in August, consistent with both the previous month and the same month last year [3]. - The unemployment rate for migrant workers decreased to 4.7% in August, down by 0.2 percentage points from the previous month, which is lower than the national urban surveyed unemployment rate [3]. Group 2: Employment Policies and Challenges - The spokesperson from the National Bureau of Statistics highlighted the importance of ongoing employment policies and the need for active measures to maintain employment stability amid complex external environments and persistent domestic employment pressures [4]. - There is a recognition of structural contradictions in the job market, where both employment difficulties and recruitment challenges coexist, necessitating further efforts to stabilize employment and the economy [5]. - Emphasis is placed on enhancing vocational skills training to improve labor supply and demand matching, promoting high-quality and sufficient employment, and ultimately improving living standards and ensuring social stability [5].