2003•Journal of Shanxi Finance and Economics UniversityRequires access
Labor Market: Operation Mechanism and Market Development
Yuan Mei-sheng
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Abstract
The basic operation mechanism of labor market contains the mechanism of supply-demand determined labor price; the mechanism of free movement of labor resource and the mechanism of social security that can be constantly used by labor. China's present labor market mechanism is inefficient, which is reflected in institutional separation and distortion of labor market; imperfection of input and payoff system of labor; and incompletion of social security system. To eliminate these institutional barriers, government macro control must be strengthened while operation mechanism of labor market should be perfected.