Editorial: How to ‘Lubricate’ the Frictions in China’s Labor Market

Employment stability in China continues to face severe challenges. Recently, at an executive meeting of the State Council presided over by Premier Li Keqiang, the body discussed policies and measures for creating jobs, stabilizing and expanding employment, and ensuring overall stability of employment were discussed. The meeting noted that the country continued to face the difficult task of stabilizing employment, and that it was necessary to prioritize employment, promote employment through development, and support economic recovery and steady development through stabilizing employment. Although the causes for the current unemployment issue are complex, the principle of “promoting employment through development” is appropriate. It is imperative that all levels of government make efforts to eliminate obstacles to “lubricating” employment in all dimensions.