The Empirical Analysis On Employment Effects Of Investmengts In Ordos

In economics, full employment, price stability, economic growth and balance of international payments are the four macroeconomic objectives。The employment question is related to personal survival, in the first place. In recent years, high economic growth mainly relies on high capital investment in Ordos,then the employment growth is also driven by high capital investment?Based on the data from1991to2010,using elastic analysis, the paper starts with systematic analysis on co-relations between investment, GDP growth and employment. It reaches the conclusion that for nearly20years, the contributions of Ordos’s total investment to GDP growth have created favorable conditions for employment expansion, but high economic growth and high capital investment are not necessarily bound to lead to higher employment growth. Thus, related macroeconomic policies in Ordos need necessary adjustments. It is recommended that the Government should take employment as the priority objectives, and job evaluation should be implemented on investment projects. Besides, the government should encourage private investment flow in industries and places with better employment potential, while improving active labor market policies.