Retirement policy reform has become the top priority of the country's work, and it is also the focus of attention of the whole society. The formal implementation of the postponement of the retirement policy is in line with the needs of my country's actual national conditions at this stage. The impact of policy shocks on the labor market is a concern of working‐age workers. This paper selects the data of Fujian Province from 2000 to 2018, conducts an empirical test on the data based on the OLS method, analyzes the impact of the delayed retirement policy on the labor market, and proposes corresponding policy recommendations.