BBC: Words in the News: China's budget deficit biggest in 60 years

was faced with	 the amount by which money spent is more than money received	
unprecedented	not to sack employees, to continue to employ them	
migrant workers	announced, made publicly known	
GDP	a large amount of money specifically allocated to boost, or revive the economy	
To counter the trend	 experienced, felt	
to keep staff on	 it has never happened before	
unveiled	 sharply fell/decreased in value	
deficit	in order to change the way in which the situation seems to be developing	
stimulus package	short for Gross Domestic Product - the total value of goods and services produced by a country in a year	
nosedived	people who come to areas where there are many jobs (usually big cities) because they couldn't find a job where they originally come from	

 BBC: Words in the News: China's budget deficit biggest in 60 years

was faced with	 the amount by which money spent is more than money received	
unprecedented	not to sack employees, to continue to employ them	
migrant workers	announced, made publicly known	
GDP	a large amount of money specifically allocated to boost, or revive the economy	
To counter the trend	 experienced, felt	
to keep staff on	 it has never happened before	
unveiled	 sharply fell/decreased in value	
deficit	in order to change the way in which the situation seems to be developing	
stimulus package	short for Gross Domestic Product - the total value of goods and services produced by a country in a year	
nosedived	people who come to areas where there are many jobs (usually big cities) because they couldn't find a job where they originally come from