During the period, the development of social insurance and unemployment insurance participants was promoted.
The number of social insurance participants by the end of June 2024 was about 18.3 million, accounting for 39% of the working-age workforce, an increase of 1.16 million over the same period last year.
Meanwhile, there were 14.2 million unemployment insurance participants, up 1.7% year-on-year.
As many as 466,000 people received unemployment benefits in the first half of 2024, a decrease of 10% over the same period last year.
The Ministry of Labor, Invalids and Social Affairs effectively implemented policies for revolutionary contributors. Accordingly, the standard preferential allowance for revolutionary contributors increased by 35%./.
