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In this rigorous quantitative study, the author tries to understand the impact of changes in China’s urban labor market in the reform era on social stratification. The book has three parts. Part one discusses changes to some old systems, including the household registration system and the system of ownership. Part two focuses on the increasing heterogeneity of China’s labor market. In Part three, the author looks specifically at the employment situation for college graduates, one of the most important populations in the job market.