Assessing Labor Market Dynamics in Southwest China: An Analysis of Employment and Unemployment Trends 2010-2025
DOI:
https://doi.org/10.61173/nrazf854Keywords:
Southwest China labor market, Employment structure shift, Tertiary sector job creation, Unemployment determinants, Labor market dynamicsAbstract
校验后的结果：This study conducts a comprehensive analysis of the labor market dynamics within South- west China, covering the period from 2010 to 2025. Amidst China’s broader economic re- structuring, the southwestern region presents a unique case study characterized by rapid urbanization, industrial policy shifts, and significant rural-to-urban labor migration. This pa- per investigates the evolving trends in employment across primary, secondary, and tertiary sectors, alongside a critical examination of unemployment patterns. Utilizing statistical data from national and provincial sources, the analysis employs trend analysis, correlation matri- ces, and multiple regression models. The findings reveal a significant structural shift, with the tertiary (service) sector emerging asthe primary driver of job creation, partially mitigating un- employment pressures from industrial consolidation. The regression analysis indicates that GDP growth and foreign direct investment (FDI) remain significant factors in reducing un- employment, though the elasticity of employment to growth appears to be changing. These results underscore the importance of targeted labor policies that enhance skill development and facilitate labor mobility to align the workforce with the demands of a service-oriented economy.
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