Application of Gray Correlation Method in the Employment Analysis of Private Enterprises

Abstract

In recent years, the private enterprises have made outstanding contributions to China’s employment issue and become the main channel to assimilate labors. However, the private enterprises in various regions of China are developing unevenly, resulting in the very big difference in the number of employment. With the gray correlation method, this paper takes the number of employment of the private sector in 7 industries in 21 provinces, municipalities and autonomous regions as the evaluation index to calculate the corresponding relative correlation, absolute correlation and comprehensive correlation, look for the major industries affecting the employment of the private sectors, and analyze the effective way to expand the employment space in the backward areas. The results show that this method can comprehensively considerate the various factors of the evaluation problem, which not only avoids the subjectivity of the single factor but also makes the analysis process more reasonable and objective. Also the analysis results can accurately reflect the differences between various factors.