Based on the above understanding and referring to the demand and supply of labor market，price，mobility and government management，this report builds the Labor Market Balance Index System which includes four second tier index and nine third tier index.Measuring by the Labor Market Balance Index System，this report summarized eight characteristics of China's labor market balance condition in recent ten years.Firstly，the balance of labor market has been increasing.From 2007 to 2016，the Balance Index has increased from 53.6 in 2007 to 64.7 in 2016.Secondly，there are remarkable balance difference between regions.We can conclude that with forty years practical exploration of reform and opening-up，China's labor market has stepped from absolute balance under no development to high quality balance development.During this evolutionary process，it is inevitable to meet the problem of local unbalance.Thirdly，the labor market has strong ability to recover to relative balance state.The government is taking positive action to smooth the influence of labor market caused by short-term economic fluctuations.The Index can recover to the previous level before the shock in one or two years and keep increasing after that.Fourthly，“High Skill Thirsty”and “Golden Bowl Rusting”coexist.The most obvious phenomenon is that some industries are hard to fill the high skill vacancy，at the same time，some industries are under the threat of being replaced by emerging technology，thus facing the challenge of monopolistic income decreasing and unemployment risks.Fifthly，the government regulations give rise to big variations of the Labor Market Demand and Supply Index.The variation of the Index reflects the government's active behavior as well as the over control during crisis.Sixthly，inclusive economic growth expanded although income distribution unbalance is still obvious.Seventhly，orderly flow of labor is the adjuster of labor market balance.Eighthly，social welfare system is an effective tool to improve labor market balance.