Impacts of Digital Economic Transformation on Youth Employment: Empirical Evidence from China

Abstract

An OLS regression methodology is employed in this research to explore the correlation between GDP, PMI, and youth unemployment rate, as a result of China's digital economic transformation, and its effects on youth employment.The findings indicate that China's youth unemployment has significantly decreased as a result of the development of the digital economy, suggesting a negative relationship between the two. The research concludes that education has a moderating influence on the link between the digital economy and the youth unemployment rate.The transition to a digital economy for young employment in China is illuminated by this study, which highlights the potential benefits and challenges it may bring to employment outcomes. The study underscores the need for a comprehensive strategy to handle the opportunities and challenges brought on by the digital economic transformation, and its conclusions have important implications for individuals, businesses, and policymakers seeking to understand the effects of China's digital economic transformation on youth employment and develop effective solutions to the issue.