Analysis of the Employment Structure of China's Urban Population and the Factors Affecting Local Labor Market's Formation and Development

The labor market has a special place in the Chinese economy. This is an integral part of the overall functioning of the Chinese economy. The Chinese labor market, especially in modern realities, has already been studied, but there is no more detailed analysis. This study will reveal how macroeconomic factors affect the structure of employment in China. Our work will define the concept of labor market, its structure and approaches to its study; the main regularities of formation and functioning of the labor market; used to study the formation and functioning of the labor market in China; a retrospective analysis of the development of the labor market of the PRC was conducted; the specializations of the provinces of the PRC were identified using modern methods of assessment based on the method of reflection, as well as factors affecting employment indicators in the labor market. In the course of the study, we will study in detail the dynamics of its changes and development trends, identify promising directions for the development of the labor market, as well as industries that are going into a state of stagnation or gradual weakening, depending on the global situation and regional location.