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@article{177731,
author = {Rashmi S Honakhande and Honnappa S},
title = {Dynamics of Economic Growth and Unemployment: A Comparative Analysis of India and China},
journal = {International Journal of Innovative Research in Technology},
year = {2025},
volume = {11},
number = {12},
pages = {1290-1293},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=177731},
abstract = {This paper examines the relationship between economic growth and unemployment in India and China, two of the world's largest and fastest-growing economies. While both countries have achieved substantial economic progress since implementing market reforms, their experiences with employment generation and labor market dynamics differ significantly. By analyzing time-series data, sectoral shifts, labor force participation, and policy interventions, this study investigates how growth has translated into job creation and inclusive development. The analysis reveals that China's manufacturing-driven growth generated significant employment in the early phases, while India's service-led growth has resulted in more limited employment benefits, particularly in formal sectors. The study utilizes tables, graphs, and comparative analysis to provide insights into the effectiveness of growth strategies in reducing unemployment.},
keywords = {Economic growth, Unemployment, India, China, Labor market, Comparative analysis},
month = {May},
}
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