Similarities Between Cycles in China's Hog Futures Market and Cycles in the Labor Market

Abstract

Labor markets and commodity futures markets have been important areas of study in economics over the past few decades. However, most scholars view them as two separate fields. This article attempts to fill this gap by examining the relationship between hog futures cycles and labor market cycles, exploring similarities between them. Hog futures are one of the most active contracts in the agricultural product futures market. The labor market is an important part of economic activity, directly affecting the financial situation of households, businesses and governments. The cycles that exist in these two markets can be seen as the result of fluctuations in supply and demand. By analyzing the hog futures cycle and the labor market cycle, this article explores the Chinese government's intervention methods and intervention purposes and finds similarities.