Overall Trend in Employment

Employment in China experienced a gradual decrease from 763.49 million in 2014 to 740.41 million in 2023. This represents a total reduction of approximately 23.08 million employed people over a decade, highlighting a consistent downward trajectory in the workforce.

Comparing Recent Years

Between 2022 and 2023, the number of employed people in China slightly increased by 6.9 million, from 733.51 million to 740.41 million. This marks a reversal in the previous trend of declining employment figures, suggesting a possible stabilization or recovery in the job market.

Peak Employment Year

The highest employment figure was recorded in 2014, with 763.49 million employed individuals. Since then, the numbers have generally trended downwards, pointing to changes in the labor market, economic shifts, or demographic trends influencing employment levels.

Lowest Employment Figures

The year 2023 witnessed the lowest employment figure within the observed period, with 740.41 million people employed. This reflects the culmination of a decade-long trend of decreasing employment numbers in China's economy.

Year-on-Year Changes

Examining the year-on-year changes, the period from 2019 to 2020 saw the most significant drop in employment, with a decrease of approximately 3.83 million employed individuals. This period likely reflects the impacts of global events on China's labor market.

Period of Stability

From 2013 to 2015, employment numbers were relatively stable, hovering around 763 million. This period of stability contrasts sharply with the subsequent years, where a clear downward trend is observable.