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May 19, 2020 | Report
China’s economy is going through a momentous structural transition, and, in tandem, so is its labor market. A stable labor market is essential to minimizing the social and economic risks associated with structural adjustment, specifically unemployment declining household income.
Given the unprecedentedly huge impact the COVID-19 crisis is having on the Chinese economy, it is now more important than ever to study China’s labor market. Its resilience will determine the shape of China’s economic recovery.
