Analysis on Employment Effect of Financial Industry in China;

The empirical study shows that FDI has a positive effect on employment, but it is weaker than the employment effect of domestic investment.

FDI has transferred from a labour-intensive industry to a technology and capital-intensive industry since 1995,so it causes employment effect change and weakens direct employment effect.

The Employment Effects of the Technological Progress in China;

On the viewpoint of efficient employment,this paper studies the relationship between economic growth and unemployment.

From the angle of efficient employment,this paper researches the relationship between economic growth and unemployment,and concludes that the failure of Okun s Law results from the great hive of inefficient employees and low efficient employment rate.

Based on the status quo of high unemployment rate at the transitional economic period but rapid growth of the economy of China,Okun s Law and effective employment theory are used to discuss the deep cause for present high growth but low employment from macro and micro level.

On the base of reckoning urban effective employment of Guangdong, the outcome of research indicates that capital investment and real wage are the main factors that affect urban effective employment.