26 datasets found
  1. Labor force in China 2000-2023

    • statista.com
    Updated Nov 6, 2024
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    Statista (2024). Labor force in China 2000-2023 [Dataset]. https://www.statista.com/statistics/282134/china-labor-force/
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    Dataset updated
    Nov 6, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    In 2023, China's labor force amounted to approximately 772.2 million people. The labor force in China indicated a general decreasing trend in recent years. As both the size of the population in working age and the share of the population participating in the labor market are declining, this downward trend will most likely persist in the foreseeable future. A country’s labor force is defined as the total number of employable people and incorporates both the employed and the unemployed population. Population challenges for China One of the reasons for the shrinking labor force is the Chinese one-child policy, which had been in effect for nearly 40 years, until it was revoked in 2016. The controversial policy was intended to improve people’s living standards and optimize resource distribution through controlling the size of China’s expanding population. Nonetheless, the policy also led to negative impacts on the labor market, pension system and other societal aspects. Today, China is becoming an aging society. The increase of elderly people and the lack of young people will become a big challenge for China in this century. Employment in China Despite the slowing down of economic growth, China’s unemployment rate has sustained a relatively low rate. Complete production chains and a well-educated labor force make China’s labor market one of the most attractive in the world. Working conditions and salaries in China have also improved significantly over the past years. Due to China’s leading position in terms of talent in the technology industry, the country is now attracting investment from some of the world’s leading companies in the high-tech sector.

  2. Businesses or organizations anticipated to shrink office locations due to...

    • ouvert.canada.ca
    • www150.statcan.gc.ca
    • +1more
    csv, html, xml
    Updated May 26, 2025
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    Statistics Canada (2025). Businesses or organizations anticipated to shrink office locations due to the workforce teleworking [Dataset]. https://ouvert.canada.ca/data/dataset/dcdeb454-5d08-4ed9-a985-9e40f0d031b6
    Explore at:
    html, csv, xmlAvailable download formats
    Dataset updated
    May 26, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Description

    Businesses or organizations anticipated to shrink office locations due to the workforce teleworking, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, third quarter of 2021.

  3. Distribution of the workforce across economic sectors in the United States...

    • statista.com
    Updated Jan 31, 2025
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    Statista (2025). Distribution of the workforce across economic sectors in the United States 2023 [Dataset]. https://www.statista.com/statistics/270072/distribution-of-the-workforce-across-economic-sectors-in-the-united-states/
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    Dataset updated
    Jan 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The statistic shows the distribution of the workforce across economic sectors in the United States from 2013 to 2023. In 2023, 1.57 percent of the workforce in the US was employed in agriculture, 19.34 percent in industry and 79.09 percent in services. See U.S. GDP per capita for more information. American workforce A significant majority of the American labor force is employed in the services sector, while the other sectors, industry and agriculture, account for less than 20 percent of the US economy. However, the United States is among the top exporters of agricultural goods – the total value of US agricultural exports has more than doubled since 2000. A severe plunge in the employment rate in the US since 1990 shows that the American economy is still in turmoil after the economic crisis of 2008. Unemployment is still significantly higher than it was before the crisis, and most of those unemployed and looking for a job are younger than 25; youth unemployment is a severe problem for the United States, many college or university graduates struggle to find a job right away. Still, the number of employees in the US since 1990 has been increasing slowly, with a slight setback during and after the recession. Both the number of full-time and of part-time workers have increased during the same period. When looking at the distribution of jobs among men and women, both project the general downward trend. A comparison of the employment rate of men in the US since 1990 and the employment rate of women since 1990 shows that more men tend to be employed than women.

  4. F

    Not in Labor Force

    • fred.stlouisfed.org
    json
    Updated Jul 3, 2025
    + more versions
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    (2025). Not in Labor Force [Dataset]. https://fred.stlouisfed.org/series/LNS15000000
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    jsonAvailable download formats
    Dataset updated
    Jul 3, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Not in Labor Force (LNS15000000) from Jan 1975 to Jun 2025 about 16 years +, labor force, labor, household survey, and USA.

  5. Labor force Japan 1973-2024

    • statista.com
    • ai-chatbox.pro
    Updated Jun 20, 2025
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    Statista (2025). Labor force Japan 1973-2024 [Dataset]. https://www.statista.com/statistics/612396/japan-total-labor-force/
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    Dataset updated
    Jun 20, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Japan
    Description

    In 2024, the total labor force in Japan was composed of approximately **** million people. The labor force increased from about **** million in the previous year. Women in the labor forceDue to its demographical circumstances, Japan has a relatively low unemployment rate. As a consequence, companies employ different strategies to secure labor. The employment of women is seen as one of the possible solutions to the labor shortages. In recent years, women have increasingly joined the labor force in Japan, which is reflected by a growth of the female employment rate. This growing participation in the labor market is partly underpinned by an expansion of the service sector. Additional workforceNext to women, the growing number of foreign workers, as well as higher participation of the elderly are also worth mentioning. A breakdown of the labor force by age groups showed that in 2024, close to *** million people were continuing to participate in the labor market beyond the set retirement age of 60 or 65 years.

  6. Number of employees in China 2014-2024

    • statista.com
    Updated Feb 28, 2025
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    Statista (2025). Number of employees in China 2014-2024 [Dataset]. https://www.statista.com/statistics/251380/number-of-employed-persons-in-china/
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    Dataset updated
    Feb 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    The graph shows the number of employed people in China from 2014 to 2024. In 2024, the workforce in China amounted to around 734.4 million people. This marked an annual decrease of six million and is in line with a general downward trend since 2014. Workforce in China China’s total population has been declining since 2022 and dropped by 1.4 million annually to around 1.408 billion as of the end of 2024. This development is also reflected in the number of people in working age which has been shrinking since 2014. The labor force of China, which refers to the population aged 16 and over and capable of working, has been declining since 2016 and ranged at around 772.2 million in 2023. Out of the total number of employed people in 2023, about 470.3 million people were employed in urban areas, while 270.1 million people were working in rural areas. Distribution of the workforce The share of the workforce employed in the primary sector declined significantly from 36.7 percent in 2010 to 22.8 percent in 2023, only interrupted in 2022 by effects related to the COVID-19 pandemic. While the percentage of people employed in the primary sector decreased, the tertiary sector gained importance. As of 2023, about 29.1 percent of Chinese workers were employed in secondary and 48.1 percent in tertiary industries. The share of the workforce employed in the secondary sector increased until 2012 but decreased thereafter due to China's shift towards a service driven economy.

  7. u

    Businesses or organizations anticipated to shrink office locations due to...

    • data.urbandatacentre.ca
    • beta.data.urbandatacentre.ca
    Updated Sep 30, 2024
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    (2024). Businesses or organizations anticipated to shrink office locations due to the workforce teleworking - Catalogue - Canadian Urban Data Catalogue (CUDC) [Dataset]. https://data.urbandatacentre.ca/dataset/gov-canada-dcdeb454-5d08-4ed9-a985-9e40f0d031b6
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    Dataset updated
    Sep 30, 2024
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Area covered
    Canada
    Description

    Businesses or organizations anticipated to shrink office locations due to the workforce teleworking, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, third quarter of 2021.

  8. Evraz employment figures 2012-2021

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Evraz employment figures 2012-2021 [Dataset]. https://www.statista.com/statistics/694183/evraz-international-number-of-employees/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Russia, United Kingdom
    Description

    The number of people employed by Evraz was approximately **** thousand at the end of 2021, marking an increase by two thousand compared to the previous year. Between 2012 and 2017, the company saw their workforce shrink by **** thousand persons.

  9. F

    Labor Force Participation Rate for Iowa

    • fred.stlouisfed.org
    json
    Updated Jul 18, 2025
    + more versions
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    (2025). Labor Force Participation Rate for Iowa [Dataset]. https://fred.stlouisfed.org/series/LBSSA19
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    jsonAvailable download formats
    Dataset updated
    Jul 18, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Labor Force Participation Rate for Iowa (LBSSA19) from Jan 1976 to Jun 2025 about participation, IA, labor force, labor, rate, and USA.

  10. D

    Human Capital Management (HCM) Market Report | Global Forecast From 2025 To...

    • dataintelo.com
    csv, pdf, pptx
    Updated Sep 22, 2024
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    Dataintelo (2024). Human Capital Management (HCM) Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-human-capital-management-hcm-market
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    csv, pptx, pdfAvailable download formats
    Dataset updated
    Sep 22, 2024
    Authors
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Human Capital Management (HCM) Market Outlook



    The global Human Capital Management (HCM) market size is projected to grow from USD 19.8 billion in 2023 to approximately USD 39.7 billion by 2032, attesting to a compound annual growth rate (CAGR) of 7.8%. This growth is driven by several key factors, including the increasing need for streamlined HR operations, the rising adoption of cloud-based HCM solutions, and the growing importance of workforce analytics in strategic decision-making.



    One of the primary growth factors for the HCM market is the increasing need for businesses to streamline their HR operations. With an ever-evolving regulatory landscape and the continuous pressure to improve operational efficiency, organizations are turning towards HCM solutions to automate and optimize their HR processes. These solutions help in managing employee data, payroll, recruitment, performance management, and other HR functions more effectively, thereby reducing administrative overhead and enhancing productivity.



    Another significant driver is the rising adoption of cloud-based HCM solutions. Cloud technology offers several advantages over traditional on-premises systems, including lower upfront costs, scalability, and accessibility. With cloud-based HCM solutions, organizations can easily scale their HR operations as their workforce grows or shrinks, and employees can access HR services from anywhere, at any time. This flexibility is particularly beneficial in the modern, increasingly remote work environment, where accessibility and real-time data are critical.



    The growing importance of workforce analytics in strategic decision-making is also fueling the growth of the HCM market. Organizations are increasingly recognizing the value of data-driven insights in managing their human resources. HCM solutions equipped with advanced analytics capabilities enable organizations to analyze employee performance, identify skills gaps, forecast workforce needs, and make informed decisions about talent management. This data-driven approach helps organizations to not only improve employee engagement and retention but also align their HR strategies with overall business goals.



    Regionally, the North American HCM market is expected to hold the largest share, driven by the presence of major technology providers and the early adoption of advanced HR technologies. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. This growth can be attributed to the increasing digital transformation initiatives across various industries, the growing number of SMEs, and the rising awareness about the benefits of HCM solutions in the region.



    Software Analysis



    The software segment of the Human Capital Management market is critical, as it encompasses various solutions designed to manage different HR functions. These solutions include employee data management, payroll, talent management, workforce management, and HR analytics, among others. The growing complexity and volume of HR data, coupled with the need for integrated solutions, are driving the demand for comprehensive HCM software. Organizations are increasingly opting for all-in-one HCM platforms that can streamline HR processes, provide real-time insights, and support strategic decision-making.



    Among the various software solutions, talent management software is expected to witness significant growth. This is largely due to the increasing emphasis on attracting, developing, and retaining top talent in a competitive job market. Talent management solutions help organizations to automate and enhance their recruitment processes, manage employee performance, and develop succession planning strategies. As businesses strive to build a skilled and engaged workforce, the demand for robust talent management tools is on the rise.



    Payroll software is another critical component of the HCM market, as it ensures accurate and timely compensation for employees. Automating payroll processes reduces errors, ensures compliance with labor laws, and frees up HR personnel to focus on more strategic tasks. The integration of payroll software with other HR functions, such as time and attendance tracking, benefits administration, and tax management, further enhances its value to organizations.



    Workforce management software is also gaining traction, particularly in industries with large, distributed workforces. These solutions help organizations to optimize scheduling, track employee hours, and manage labor costs. Advanced workforce management

  11. o

    Employment indicator; to sector/branches

    • data.overheid.nl
    • cbs.nl
    atom, json
    Updated Jun 27, 2025
    + more versions
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    Centraal Bureau voor de Statistiek (Rijk) (2025). Employment indicator; to sector/branches [Dataset]. https://data.overheid.nl/dataset/44834-employment-indicator--to-sector-branches
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    json(KB), atom(KB)Available download formats
    Dataset updated
    Jun 27, 2025
    Dataset provided by
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    The employment indicator is a sentiment indicator for the Dutch private sector regarding the total employment of enterprises. When assessing the results, it can be assumed that the more optimistic or pessimistic the entrepreneurs are, the more the value of business confidence will deviate positively or negatively from the zero line. A positive figure for the indicator indicates an expansion of the workforce, a negative figure indicates a shrinking workforce.

    The employment indicator in the total Dutch private sector is a weighted average of the confidence indicators of the underlying sectors/industries, which together form a representative reflection of the Dutch business community from an economic viewpoint.

    The aggregation ‘all enterprises (no finance or energy)’ includes all available branches questioned in the Business Survey Netherlands. Because not every branch is questioned monthly, this aggregation will only have data available for the first month of each quarter. The aggregation ‘C industry, H-S services and 45+47’ includes all monthly questioned branches and serves as a subtotal of the monthly questionnaire.

    Data available from: January 2012.

    Status of the figures: The figures in this table are definite.

    Changes as of June 27th 2025: Figures of June 2025 have been added.

    When will new figures be published? Figures of July are expected to be published the 6th of August 2025.

  12. Retail inventory shrinkage in the United States from 2015 to 2018, by source...

    • statista.com
    Updated Jul 11, 2025
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    Statista (2025). Retail inventory shrinkage in the United States from 2015 to 2018, by source [Dataset]. https://www.statista.com/statistics/808842/sources-of-retail-inventory-shrinkage-us-by-source/
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    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 14, 2018 - Apr 13, 2018
    Area covered
    United States
    Description

    This statistic shows the share of retail inventory shrinkage in the United States from 2015 to 2018, by source. In 2018, **** percent of retail inventory shrinkage was caused by shoplifting/external issues, whereas *** percent was as a result of vendor fraud or error.

  13. F

    Civilian Labor Force in Massachusetts

    • fred.stlouisfed.org
    json
    Updated May 22, 2025
    + more versions
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    (2025). Civilian Labor Force in Massachusetts [Dataset]. https://fred.stlouisfed.org/series/MALFN
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    jsonAvailable download formats
    Dataset updated
    May 22, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    Massachusetts
    Description

    Graph and download economic data for Civilian Labor Force in Massachusetts (MALFN) from Jan 1976 to Apr 2025 about MA, civilian, labor force, labor, and USA.

  14. f

    Accuracy (standardized mean square error, SMSE) and number of model inputs...

    • figshare.com
    • plos.figshare.com
    xls
    Updated Jun 2, 2023
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    Norman Peter Reeves; Ahmed Ramadan; Victor Giancarlo Sal y Rosas Celi; John William Medendorp; Harun Ar-Rashid; Timothy Joseph Krupnik; Anne Namatsi Lutomia; Julia Maria Bello-Bravo; Barry Robert Pittendrigh (2023). Accuracy (standardized mean square error, SMSE) and number of model inputs selected in the testing dataset for the male and female specific training models using the three model shrinkage approaches. [Dataset]. http://doi.org/10.1371/journal.pone.0281428.t002
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    xlsAvailable download formats
    Dataset updated
    Jun 2, 2023
    Dataset provided by
    PLOS ONE
    Authors
    Norman Peter Reeves; Ahmed Ramadan; Victor Giancarlo Sal y Rosas Celi; John William Medendorp; Harun Ar-Rashid; Timothy Joseph Krupnik; Anne Namatsi Lutomia; Julia Maria Bello-Bravo; Barry Robert Pittendrigh
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Accuracy (standardized mean square error, SMSE) and number of model inputs selected in the testing dataset for the male and female specific training models using the three model shrinkage approaches.

  15. Year-on-year- change in the number of employed people residing in Germany...

    • statista.com
    Updated Jul 22, 2025
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    Statista (2025). Year-on-year- change in the number of employed people residing in Germany 1992-2024 [Dataset]. https://www.statista.com/statistics/1336031/employed-people-compared-to-previous-years-germany/
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    Dataset updated
    Jul 22, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Germany
    Description

    In 2024, the figures for employment in Germany were relatively stable compared to the previous year, with only a *** percent increase. 2020 was the only year since 2006 with a shrinking resident workforce.

  16. Impact of adoption of advanced robotics on jobs 2019-2023, by main country

    • statista.com
    Updated Jun 30, 2025
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    Statista (2025). Impact of adoption of advanced robotics on jobs 2019-2023, by main country [Dataset]. https://www.statista.com/statistics/1219975/adoption-of-advanced-robotics-effect-on-workforce-reduction/
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    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2019 - Feb 2019
    Area covered
    Worldwide
    Description

    Around ** percent of Chinese executives and operations managers surveyed expect the number of employees in their companies to shrink by at least * percent between 2019 and 2023 due to the adoption of advanced robotics. Moreover, some ** percent of Chinese respondents expect that their workforce will shrink by more than ** percent by 2023. While ** percent of German respondents expect their workforce to shrink by at least * percent between 2019 and 2023, only * percent of German respondents believe that the employee reduction in their companies will exceed ** percent.

  17. Number of bank employees in France 2009-2022

    • statista.com
    Updated Jul 8, 2025
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    Statista (2025). Number of bank employees in France 2009-2022 [Dataset]. https://www.statista.com/statistics/1499710/france-number-of-bank-employees/
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    Dataset updated
    Jul 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    France
    Description

    The French banking sector has experienced a consistent decline in employment, with the workforce shrinking to approximately ******* employees in 2022, down from ******* in 2021. This downward trend has been particularly noticeable since 2015, marking a significant shift from the sector's employment levels in 2009.

  18. F

    Employed Persons in Lenawee County, MI

    • fred.stlouisfed.org
    json
    Updated Jul 2, 2025
    + more versions
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    (2025). Employed Persons in Lenawee County, MI [Dataset]. https://fred.stlouisfed.org/series/LAUCN260910000000005
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 2, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    Lenawee County, Michigan
    Description

    Graph and download economic data for Employed Persons in Lenawee County, MI (LAUCN260910000000005) from Jan 1990 to May 2025 about Lenawee County, MI; MI; household survey; employment; persons; and USA.

  19. D

    Domestic Helper Agency Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Apr 26, 2025
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    Data Insights Market (2025). Domestic Helper Agency Report [Dataset]. https://www.datainsightsmarket.com/reports/domestic-helper-agency-1987085
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    ppt, pdf, docAvailable download formats
    Dataset updated
    Apr 26, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global domestic helper agency market is experiencing robust growth, driven by increasing household incomes, a burgeoning elderly population requiring care, and a growing preference for outsourcing household chores. The market, estimated at $15 billion in 2025, is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of 7% throughout the forecast period (2025-2033). This expansion is fueled by several key trends, including the rise of technology-driven platforms connecting helpers with clients, the increasing demand for specialized services (e.g., elderly care, childcare), and the growing acceptance of employing domestic help across various socioeconomic groups. While geographical distribution varies significantly, Asia-Pacific is expected to dominate the market, owing to its large population and increasing urbanization. However, significant opportunities exist in North America and Europe, driven by rising disposable incomes and a shrinking workforce in these regions. Market restraints include stringent regulatory frameworks regarding employment of domestic workers, concerns around worker exploitation, and fluctuating labor costs. The market segmentation reveals a significant demand across various applications (hospitals, schools, families) and helper types (overseas, local). The increasing need for reliable and trustworthy helper agencies will necessitate more robust background checks and training programs, promoting responsible and ethical practices within the industry. The competitive landscape is characterized by a mix of established agencies and emerging tech-driven platforms. Companies such as those mentioned are actively vying for market share through strategic partnerships, technological advancements, and expansion into new geographies. The successful players will be those that can offer a compelling value proposition encompassing reliability, affordability, and a commitment to fair labor practices. The industry's future trajectory is likely to see an increasing integration of technology for streamlined service delivery, enhanced worker management systems, and improved communication between clients and helpers. This technological advancement will likely translate into greater efficiency and transparency within the market, benefiting both service providers and clients alike. The continuing focus on ethical and responsible practices will be essential to maintain trust and drive sustainable growth in the years to come.

  20. F

    Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54...

    • fred.stlouisfed.org
    json
    Updated Jul 15, 2025
    + more versions
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    (2025). Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States [Dataset]. https://fred.stlouisfed.org/series/LFWA25TTUSM647N
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    jsonAvailable download formats
    Dataset updated
    Jul 15, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    United States
    Description

    Graph and download economic data for Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States (LFWA25TTUSM647N) from Jan 1955 to Jun 2025 about 25 to 54 years, working-age, population, and USA.

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Statista (2024). Labor force in China 2000-2023 [Dataset]. https://www.statista.com/statistics/282134/china-labor-force/
Organization logo

Labor force in China 2000-2023

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7 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Nov 6, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
China
Description

In 2023, China's labor force amounted to approximately 772.2 million people. The labor force in China indicated a general decreasing trend in recent years. As both the size of the population in working age and the share of the population participating in the labor market are declining, this downward trend will most likely persist in the foreseeable future. A country’s labor force is defined as the total number of employable people and incorporates both the employed and the unemployed population. Population challenges for China One of the reasons for the shrinking labor force is the Chinese one-child policy, which had been in effect for nearly 40 years, until it was revoked in 2016. The controversial policy was intended to improve people’s living standards and optimize resource distribution through controlling the size of China’s expanding population. Nonetheless, the policy also led to negative impacts on the labor market, pension system and other societal aspects. Today, China is becoming an aging society. The increase of elderly people and the lack of young people will become a big challenge for China in this century. Employment in China Despite the slowing down of economic growth, China’s unemployment rate has sustained a relatively low rate. Complete production chains and a well-educated labor force make China’s labor market one of the most attractive in the world. Working conditions and salaries in China have also improved significantly over the past years. Due to China’s leading position in terms of talent in the technology industry, the country is now attracting investment from some of the world’s leading companies in the high-tech sector.

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