Transition and Development of China's Labor Market

Author: Cai Fang
Publisher:
Publish Date: 2005-09-01
Features: This book reviews and looks ahead to the transformation and development of the labor market, analyzing China's employment pressures such as layoffs, unemployment, and declining labor participation rates, as well as the current state of social security and social protection. It evaluates the effectiveness of the government's proactive employment policies. It proposes and argues the necessity for the government to establish an employment-first policy principle, and offers policy recommendations on further cultivating the labor market, leveraging the comparative advantage of abundant labor resources, and addressing issues such as unemployment and job expansion while maintaining sustainable economic growth.