Demand for workers among construction companies down in Q1

Only 23.6 percent of construction companies in Vietnam had a greater demand for workers in the first quarter of this year compared to the previous quarter, while 20.1 percent said they needed fewer workers, a survey by the General Statistics Office (GSO) found.
Demand for workers among construction companies down in Q1 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) -
Only 23.6 percent of construction companies in Vietnam had a greater demand for workers in the first quarter of this year compared to the previous quarter, while 20.1 percent said they needed fewer workers, a survey by the General Statistics Office (GSO) found.

The remaining 56.3 percent said their demand for workers remained stable.

More State-owned enterprises (SOEs) reported increasing demand (29.6 percent) than those in the non-State and foreign-invested sectors (24.1 percent and 16.5 percent, respectively).

Only 14.1 percent of State-owned construction companies noted falling demand for workers, while 20.4 percent of non-State and 18.3 percent of foreign-invested enterprises did likewise.

The demand for workers is forecast to further contract in the second quarter since many businesses have scaled down production and personnel to cope with the ongoing difficulties caused by the COVID-19 pandemic.

The survey also revealed that non-State firms had the highest number of seasonal workers (60.2 percent), compared to 39.9 percent in State-owned enterprises and 20.8 percent in foreign-invested enterprises./.
VNA

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