China's new jobs fall for 3rd month as COVID regains strength

Travel curbs and inflation loom large over economic outlook

20211215N china supermarket shoppers REU

Shoppers at a Beijing supermarket on Dec. 14. Consumer goods sales growth was at its slowest in over a year last month after adjusting for inflation. © Reuters

IORI KAWATE, Nikkei staff writer

December 16, 2021 03:54 JST

BEIJING -- China's job growth slowed again in November as the coronavirus pandemic and rising commodities prices battered many of the country's service-based and smaller employers.

New jobs created in November fell by 18% from a year prior, marking the third straight month of year-on-year decline, according to data released Wednesday by the Ministry of Human Resources and Social Security.