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Steps taken for evolving job market

Guidelines seek to address advances in technology and changing landscape of modern employment

By Zhou Jin | China Daily | Updated: 2024-11-13 08:55

Practical problems

The guidelines underscore employment as a key issue of concern for public well-being and a vital cornerstone for socioeconomic stability. The nation has set targets of creating over 12 million jobs in urban areas and keeping the surveyed urban unemployment rate stable at about 5.5 percent this year.

Fiscal, taxation, financial and social security policies will be deployed to guide various types of entities to expand employment, the guidelines said.

According to the guidelines, efforts should be made to refine the public services system for employment and the system of providing employment support for key groups, as well as optimizing the system for supporting self-employed individuals and those on flexible payrolls.

The guidelines also stressed the promotion of reasonable increases in people's remuneration for labor and expanding the coverage of social insurance.

Wang Ting, a professor at the School of Business at the China University of Political Science and Law, said that the labor market remains under pressure due to factors such as high youth unemployment, rapid technological changes and regional disparities in employment conditions.

Vulnerable groups such as those at the margins of the labor market or individuals who have lost confidence in finding work face higher risks, he said.

The rapid development of new technologies has brought the additional risk of traditional jobs being replaced, he said.

Regional disparities, especially between urban and rural areas, and lower levels of vocational education will also lead to a mismatch between the skills of job seekers and the evolving needs of the labor market, he said.

Wang added that as the platform economy grows, many workers experience challenges related to fair treatment, equitable wages, social security and protection against workplace injury.

These factors highlight the pressing need for targeted policies to alleviate employment pressures, address skill mismatches, and improve job quality and security in emerging sectors of the economy, he said.

To navigate the challenges and opportunities in the current employment landscape, it is necessary to integrate job creation into economic growth strategies, ensuring that economic progress translates into meaningful and accessible employment opportunities, Wang said.

Efforts should also be made to balance supply and demand in the labor market to address the structural mismatch between workforce skills and market demands, he said.

He added that it is also important to give full play to the role of the market's "invisible hand" in efficiently allocating resources, while ensuring the role of macro-level policies in supporting this through systematic reforms.

These issues are highlighted in the guidelines, as it is necessary to put forward a package of philosophies, methods and tools at the national level to guide the future work, he said.

Zhang, from the Capital University of Economics and Business, said that in response to China's increasingly complex economic landscape and labor market, the latest policy document reflects the country's commitment to ensuring employment stability while enhancing job quality.

He said the rollout of the latest policies is a strategic move to stabilize market confidence and prioritize employment as a foundation for China's high-quality socioeconomic development.

Lifelong training

Improving the system of lifelong vocational training is another highlight in the guidelines, which Zhang said is essential for resolving structural employment issues.

By continuously adjusting training programs to match market needs, workers can improve their competence, adapt to evolving industries and enhance their long-term job prospects, Zhang said.

Lifelong vocational skills training has become a long-term, significant task in human resource development and utilization. Last year, over 18 million subsidized vocational training sessions were conducted nationwide, with more than 12 million individuals obtaining professional qualifications or skill-level certificates, according to the Ministry of Human Resources and Social Security.

China has pledged to cultivate over 15,000 new leading talents and drive the addition of around 5 million high-skilled talents within the next three years.

Such a training system not only elevates the overall skill level of the workforce but also enhances business competitiveness and fosters a healthier job market, Zhang said.

Yu, the AI systems operator, said her custom digital humans can replace real actors for short videos and multilingual content, which reduces production and market expenses for clients in fields such as cross-border e-commerce.

She believes generative AI holds vast potential for applications in various industries and the development of AI-generated content will gradually change people's lives.

Yu acknowledged the ethical and security concerns posed by this technology, but insisted that embracing technological development is the right way to address it.

"Only by mastering AI can we avoid being left behind," she said.

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