BEIJING, March 10 (Xinhua) -- Human Resources and Social Security Minister Yin Weimin warned of a "grave" employment situation in China on Tuesday, but said government measures to boost employment have taken "initial effects."

    With the big drop in company posts, a large number of migrant workers who lost their jobs, and the labor-intensive industry falling as major victim amid global financial downturn, "the employment situation in China is very grave," he said at a press conference on the sidelines of the parliament's annual full session