In recent years, China's labor market supply and demand situation has changed. On the one hand, due to the sustained economic growth has produced a strong labor demand; on the other hand, the impact of population structure on the labor market began to show. As a result, the era of unlimited supply of labor force in China's labor market tends to end. From the operation of the labor market, the market mechanism is perfect, the labor market environment has improved, the degree of integration of the labor market is also gradually improving. However, due to the turning of the labor market is the beginning of a long-term trend, therefore, the need to participate in labor, human capital accumulation and labor market development and other areas of the polar response to the new changes in the labor market.
Despite the turning point in the labor market has started, but on the relationship between stock, China is still a relatively labour abundant, capital is relatively scarce countries in the future expansion of employment is still one of the main goals of labor market and the economy. Especially in the urban labor market, the unemployment rate is still at a certain level, the situation of urban labor participation rate continues to decline through the further development of the labor market to solve the situation.
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