A Study on the Dynamics of the Labor Market in Guangxi Insights into the Impact of COVID-19 and its Implications for Future Labor Supply and Demand
Abstract
The COVID-19 pandemic has caused a significant slowdown in global economic development, leading to increased search for alternative growth channels. China, with its relatively successful containment of the virus, has emerged as a prime destination for investment. Guangxi, a strategically located province in Southwest China and a crucial gateway to the China-ASEAN region, has gained particular attention from investors. In evaluating investment opportunities, a critical factor that must be taken into consideration is the local labor market. This study aims to examine the concerns of both labor supply and demand by surveying job seekers at the first talent exchange conference post-pandemic and conducting interviews with participating enterprises. In addition, the macro-level analysis will be based on publicly available government data, in order to gain a comprehensive understanding of the state of Guangxi's labor market. The results indicate that while the macro-level structure of the labor market in Guangxi is stable, the pandemic has caused disruption at the micro level.
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DOI: http://dx.doi.org/10.18686/mmf.v6i7.7515
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