Author(s)

Wenxiao Liu, Qun Chen, Xiaohan Zhang

Corresponding Author

Wenxiao Liu

ABSTRACT

In the context of a serious epidemic situation, the imbalance between the development of higher education and labor market will become one of the main factors affecting the development of higher education in China. To clarify the interrelationship between higher education and the labour market, the study through an analysis of the trends in GDP growth rates, unemployment rates and university enrolment rates in the six OECD countries from 1980 to 2020, found that there is a "counter-economic cycle" of education, that is, during the downturn in social employment, higher education enrolment increased significantly, whereas was flat or decreased. Therefore, we can consider giving play to the role of "reservoir" in higher education by means of moderate expansion of graduate enrollment scale and adjustment of enrollment specialty, taking social employment as a signal. Establish the transmission mechanism between higher education and social employment.

KEYWORDS

Higher Education, Enrollment Rate, Social Employment, Labour Market, Professional Adjustment