From Unemployment Insurance to Employment Security: the inventible choice for the unemployment insurance reform in China

The particularity of unemployment insurance has determined the co-existence of both its positive and negative impact on employment. In view of this, we must attach importance and strengthen the role it has played in promoting employment. The unemployment insurance established in the context of enterprise restructuring and structural reform no longer satisfies the demand of new situation, therefore, an employment-oriented reform is pressing. The purpose of such reform is to establish a new and complete employment security system that covers both urban and rural areas through 3 stages.