The Study Of Growth And Employment Relations Based On Employment Elasticity

Experience in the global financial crisis of 2008, world economic growth slowing and foreign demand significantly reducing severe form, in 2009 ,Party Central Committee and State Council decided to implement a positive fiscal policy and loose monetary policy appropriately. And two years in the future, about 4 trillion yuan in funding arrangements for a strong start domestic demand and investment will be implemented, in order to maintain our economic stability and growth. However,the content of ensure-growth is not blind worship for GDP, but should be based on the welfare and the growth of the stock of wealth of resident as the standard to improve the livelihood of the people for the purpose of the host; Nor is it to maintain economic growth in the short term, but economic growth should be maintained as the target. Currently, employment is the biggest long-term livelihood problems. Since reform and opening, China has experienced the fastest economic growth in the history of 30 years, but high economic growth has not been matched by high employment, the unemployment rate maintained a higher level. It affected the sustained, healthy and stable development of national economy, this phenomenon has been performed more prominent since the 90's. In this case, study of employment elasticity will have important practical significance and theoretical value to ease employment problem and protect growth based on people's livelihood.Paper first re-interpretation of the meaning of ensure-growth and definition of employment elasticity ,and think that economic growth is necessary but not sufficient condition of employment growth.. China's GDP growth in the low employment elasticity is caused by uneven development of the internal economic structure.. Light of China's actual situation, differences in regional conditions and policy treatment made eastern, central and western regions of China demonstrating a high degree of imbalance in economic development which has also led to significant differences between industrial , urban and rural, ownership, occupational structure and employment structure ; Then, based on the investment structure having a critical impact on economic restructuring , and ultimately affecting employment elasticity , article further use two indicators of investment elasticity of employment in industry and ownership and make 4 trillion economic stimulus package as an example to describe that the difference on investment structure will have a great impact on employment; Finally, give policy recommendations about increasing employment elasticity.