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39,000 people find employment in Baotou

Updated: 2022-10-24

In Baotou, 39,000 people found jobs in the first three quarters, accounting for 97.6 percent of the target, while reemployed individuals totaled 18,400, 193.4 percent of the target.

The phased reduction of unemployment insurance premiums in Baotou reduced the burden on enterprises by 246 million yuan ($33.94 million).

Baotou increased its support for business guarantee loans, introduced market-oriented financing guarantee institutions, established a risk-sharing mechanism between banks in charge and third-party guarantee institutions, granted 384 million yuan in business guarantee loans, and exceeded its target number of tasks by 9.9 percent.

Focusing on strategic new industries and newly-launched key projects, the city has included new forms of employment such as silicon wafer processing, live broadcast sales, and online delivery, among others, in the list of vocational training needs in key industries to ease the structural contradiction in employment. 13,100 employees were trained to improve their job skills, achieving 87.27 percent of the target tasks and ranking first in the region.

In addition, making full use of the new "internet + vocational skills training" model, the city carried out vocational skill training for 41,400 key groups.

The recommended players ranked first in terms of the total number of gold medals and total medals in the first skill contest of Inner Mongolia autonomous region.