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Inner Mongolia allocates 44.49 m yuan to stabilize jobs

2021-09-07 (english.guiyang.gov.cn)

As of Aug 31, North China's Inner Mongolia autonomous region had allocated 44.49 million yuan ($6.68 million) in funds to stabilize jobs, benefiting 11,388 enterprises and 215,600 employees.

Among them, 11,154 enterprises obtained a total of 32.17 million yuan in funds through application exemption, with 171,300 employees benefiting from the preferential policies.

Application exemptions are targeted at small and micro-sized enterprises with less than 30 employees.

Another 234 enterprises obtained 12.32 million yuan as job stabilization subsidies, benefiting 44,300 employees.

A background data comparison method is used by the Inner Mongolia Department of Human Resources and Social Security to screen enterprises that paid unemployment insurance premiums in full in the previous year.

Qualifying enterprises will obtain 60 percent of paid unemployment insurance premiums in the previous year without having to apply from the bureau, saving on time and costs for enterprises.