The Empirical Evidence Of The Economic Growth And The Unemployment Rate In Transition China

China has entered the intermediate stage of industrialization process in the whole now, reform and open policy 30 for many years, China's economy has already maintained the quick rate of rise, the average grows 9.82% yearly, economy's open characteristic is prominent day by day, the open degree of the economic society development gets higher and higher. But at the same time, since the 1990's the employment situation has become increasingly grim, the registered urban unemployment rate increased year by year, the actual unemployment rate will be higher, it is clear that the economic situation runs counter to common sense. With the depth of China's economic system in transition, urban unemployed, laid-off workers have become prominent problem increasingly; scale and mobility of the floating population expansion, as well as arising from a series of economic and social problems have aroused widespread concern in society. Therefore solving the employment problem is particularly important.it becomes China's economic and social development at this stage the most severe challenges. In this paper, based on present realities of China's high economic growth and high unemployment situation of the coexistence of an in-depth analysis, we get the following conclusions:(1) capital deepening is one of the reasons that led to high economic growth and high unemployment co-exist; (2) Long-term the dual economic structure restricts employment growth, but also affected the economic growth; (3) In institutional change, the industrialization process have a significant impact to economic growth and employment growth, but the direction of the impact is different, process of industrialization promoted economic growth but hindered employment growth; (4) using real economic growth rates and unemployment data in accordance with the ILO standard,we estimate Okun's law to test the applicability in today's China, found that Okun's law does not apply in the reform and opening-up of China; (5) We pull the system changes and the economic cycle factors in Okun equation theoretical model, and then empirical fitting the relationship between China's economic growth rate and unemployment rate,and found that the current fluctuations of the unemployment rate is not only influenced by the impact of output gap,but also have impacted by pre-the unemployment rate fluctuations.This paper is divided into five chapters, the first chapter is introduction, introduces the research background and significance, the research at home and abroad, research ideas, methods, and innovation.The second chapter since the reform and opening China's economic growth and employment in the current situation and forecasts, we analysis our country from 1978 to the present economic growth and labor supply and make a prediction. The third chapter analysis high economic growth rate and the reasons for the coexistence of high unemployment analysis, separately from the elastic analysis, elements of the impact of changes in industrial structure, urbanization process, institutional change and government behavior-depth analysis of the reasons for this phenomenon exist. The fourth chapter we set up our China's "Okun equation" between economic growth rate and the unemployment rate, estimate the actual unemployment rate, test Okun's Law the applicability of our country, and eventually set up "Okun equation" in line with China's national conditions. The fifth chapter we give policy recommendations that promote the coordinated development between economic and employment.