Unemployment Rate and Gender Discrimination in the Chinese Real Estate Market During the Covid Pandemic

Abstract

In the past several decades, the Chinese real estate market played an important role in economic activities, which drove nearly one-third of the financial activities in China. In addition, based on the data from Statista, real estate companies in China recruited nearly 3 million employees in 2021. Although Chinese real estate companies offer many job opportunities yearly, the unemployment rate increased during the pandemic in Chinese real estate markets. One factor that may cause the unemployment rate to increase is gender discrimination. The overall goal of this work was to study the relationship between the unemployment rate and gender preferences in the Chinese real estate market during the covid pandemic and does the pandemic reduce gender discrimination in the real estate markets. The paper uses a primary source, interviewing, to find the data for recruitment and layoffs in Chinese real estate companies during the covid pandemic. The paper finds that the unemployment rate in the Chinese real estate market is based on gender preferences in different departments, and Covid-19 did not reduce gender bias and stereotypes in Chinese real estate companies.