The Impact of Changes in RMB Real Effective Exchange Rate Based on Cloud Computing Technology on Employment in the Context of Big Data

Abstract

With the rapid development of science and technology, the era of information data is coming, which provides us with more firm support for studying various economic problems. Employment is essential to people’s lives, and employment growth can promote the progress of economic and keep the social peace. With the development of economic globalization, the world economy is increasingly connected, and the influence of exchange rate on employment is also increasing. Thus, analyzing the effect of exchange rate changes on employment in the era of big data is very meaningful. This paper conducts cloud computing to discuss how the real effective exchange rate of RMB changes effect the employment. The research tells that the real effective exchange rate of RMB is negatively correlated with employment, while foreign direct investment, import and export balance and total wages are positively correlated with employment. Finally, this paper puts forward relevant suggestions based on the results.KeywordsBig dataReerEmployment