Vietnam expects to generate jobs for an estimated 1.52 million labourers in 2011, fulfilling 95 percent of the yearly target of 1.6 million.

The information was released by Deputy Minister of Labour, War Invalids and Social Affairs Nguyen Ngoc Phi at a discussion on the sector’s plans in the last six months of the year in Hanoi on June 17.

According to localities’ reports, around 720,000 labourers nationwide were placed in the first six months of the year, of whom, 676,000 found jobs domestically while the remaining were sent overseas.

Reports by job placement centres showed that over 146,500 people registered as unemployed by May 20, a year-on-year increase of 131 percent. Of whom, 119,100 applied for unemployment benefits, up 179 percent compared to the same period last year.

The number of people who join in unemployment insurance in the year’s first months climbed to 7.4 million, exceeding the figure of 6.5 million forecast for 2011./.