Study On The Relationship Of Economic Growth And Employment After Reform And Opening Up In China

Since the beginning of reform and opening up, our country economy presents a high growth, low employment development mode. We have the high economic growth rate what focuses attention of the world. The employment total amount is extending continuously. But On the other hand, the rate of unemployment is high and the coefficient of elasticity of employment is low. The employment situation is grim. In the next few decades, China's working population will continue to grow, how to solve the contradiction of supply and demand, ensuring steady economic growth is yet to be resolved. Based on the related theories of economic growth and employment, the paper gives empirical analysis on the relationship between China's economic growth and employment, as well as the relationship between our economic growth and employment structure, find out the factors affecting the employment structure, and gives a few of proposals for the contradiction between China's current economic growth and employment.At the beginning of the paper, it introduces theoretical knowledge of economic growth and employment. On the relationship between economic growth and employment, many associated with the theory, for instance, neo-classical growth theory: that the economic growth will bring about a corresponding increase in employment; Okun's Law that between economic growth and the unemployment rate there is a strong negative correlation relationship; Changes in the employment structure, Petty - Clark theorem that with the economic development and the raise of per capita income level labor from the first industry to gradually transfer to the second and the third industry. With the further raise of per capita income level, the second industry workforce will transfer to the third industry; John C.H.Fei - Guastav Ranis...