Abstract

Digital finance gives an illustrative indication of the nature of its impact and examples of, for instance, occupations or professions that are likely to be affected by increasing or decreasing demand, as well as indicating the associated skills needs. Although the distinction is not always straightforward, this research digest focuses on the macro aspects of employment rather than the micro aspects. Using the software R and Python for data analysis, the article examines the impact and theoretical mechanism of digital finance on corporate labor employment, and finds that digital finance significantly promotes corporate labor employment. On the one hand, digital finance reduces corporate financing constraints and increases corporate labor employment, and digital finance increases the labor employment created by new firms by facilitating their entry into the market, and prevents exiting firms from shrinking their labor employment by reducing their exit from the market. Moreover, the role of digital finance in promoting labor employment of enterprises is mainly reflected in SMEs and private enterprises.

Keywords: Digital Finance, Corporate Management, Labor Hiring