An Investigation into the Relationship Between Employment and Economic Growth

This paper aims to explore the mutual relationship between employment and economic growth. By reviewing the current situation of related research at home and abroad, it explains the determining role of economic growth in employment and the reciprocal influence of employment on economic growth. Combining the actual situation of China, this paper analyzes the reasons for the current high growth and low employment, including government preference, technological progress and unreasonable industrial structure. Finally, it puts forward suggestions and countermeasures such as transforming government functions, choosing new technologies to promote employment, adjusting industrial structure, and vigorously developing the tertiary industry, in order to achieve synergistic growth of employment and the economy.

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Publication Details

Journal
Modern Economics & Management Forum
Published
2024-11-06
DOI
https://doi.org/10.32629/memf.v5i5.2859
Primary Topic
Unemployment and Economic Growth
Type
article
Field-Weighted Citation Impact
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article

An Investigation into the Relationship Between Employment and Economic Growth

Shou‐Hsia Cheng
Modern Economics & Management Forum
Unemployment and Economic Growth
article

An Investigation into the Relationship Between Employment and Economic Growth

Shou‐Hsia Cheng
article en

Abstract

This paper aims to explore the mutual relationship between employment and economic growth. By reviewing the current situation of related research at home and abroad, it explains the determining role of economic growth in employment and the reciprocal influence of employment on economic growth. Combining the actual situation of China, this paper analyzes the reasons for the current high growth and low employment, including government preference, technological progress and unreasonable industrial structure. Finally, it puts forward suggestions and countermeasures such as transforming government functions, choosing new technologies to promote employment, adjusting industrial structure, and vigorously developing the tertiary industry, in order to achieve synergistic growth of employment and the economy.

Modern Economics & Management ForumVol. 5(5)
Kunming University (CN), Kunming Medical University (CN), Second Affiliated Hospital of Kunming Medical College (CN)
Decent work and economic growth
Openalex Percentile: Top 76%
Unemployment and Economic Growth
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