Based on 2008 and 2015 two times the landless peasants social survey data, through the analysis of the employment mechanism of landlost farmers, this paper constructs logistic regression model and tests for “rare event deviation” to analysis the influence of human capital and social capital on employment opportunities, employment promotion and employment industry of landless peasants in the process of urbanization. The study finds as follows. In terms of land lost farmers to obtain nonfarm employment opportunities, 2008 human capital and social capital have a significant positive impact on employment opportunities for landless peasants, 2015 human capital and political landscape of the impact is not significant, but significantly affect the job search channels and household registration. In terms of employment promotion, the results of the two surveys are basically consistent, political affiliation, education and vocational training promotion has a significant positive impact on employment promotion of landless peasants. However, there is no significant influence of the household registration. In terms of employment industry, with the advance of time, the employment of landless peasants in the industry has chosen a new change in 2015. There is 4.4% of the landless farmers to public sector employment. In 2008, the human capital and politics have no significant impact on the employment of landless peasants in the traditional industries, 2015 begin to highlight. In particular, there is a significant positive impact on the employment of landless peasants into the public sector. The job search channels and household registration have positive impacts on the traditional industries, no effect on access to public sector.