Q3 workforce up 0.93 percent year-on-year
Positive developments were seen in Vietnam’s labour market in the third quarter of this year, the Institute of Labour Science and Social Affairs reported on December 26.
Young people seek vacancy information at a job fair (Photo: VNA)Hanoi (VNA) - Positive developments were seen in Vietnam’s labour market in the third quarter of this year, the Institute of Labour Science and Social Affairs reported on December 26.
The country recorded a labour force of 53.77 million in the third quarter with an increase of 366,000 people or 0.69 percent compared to that of the second quarter.
About 496,900 people had been added to the labour force since last year’s third quarter, equal to an increase of 0.93 percent year on year.
The report also said that 31.9 percent of working people were in urban areas while the remainder were in rural areas.
During the last quarter, on average, a wage worker received 5.6 million VND (246.5 USD) monthly, 3.1 percent higher than that of the second quarter, and 8.8 percent higher than that of the same quarter last year.
However, the average income of female workers – 5 million VND – was still lower than that of their male counterparts – 5.63 million VND.
The third quarter of this year saw an unemployment rate of 2.21 percent with 1.074 million people unemployed.
As many as 237,000 people graduating from universities or higher education were unemployed, meaning the unemployment rate for this group was 4.51 percent, while the rate of the previous quarter was 3.63 percent.
More than 317,400 people received job consultancy last quarter. Nearly 50,000 people or about 25.5 percent of people receiving unemployment insurance were introduced to new jobs.
Nearly 11,000 unemployed people were assisted with job training.
Dao Quang Vinh, director general of the Institute of Labour Science and Social Affairs said that in the last quarter, Vietnam’s labour market would see more positive changes thanks to the outlook for the country’s socioeconomic development including economic growth for the last quarter of 2017 expected to reach 7.5-7.7 percent.
“More companies are expected to be established or resume operations, and export is expected to increase thanks to a better global economy. These could bring positive impacts to labour in some areas like processing, construction, logistics and real estate,” he said.
The institute forecasts that the country’s labour force will reach 53.9 million in the last quarter of this year. - VNA
You should also see
Millions of children in Vietnam protected by vaccination over 40 years: UN agencies
Millions of children in Vietnam have been protected by immunisation over the past 40 years, said the World Health Organisation (WHO) and UNICEF offices in Vietnam on April 25 when they mark the World Immunisation Week from April 24-30.
See more
Society
VNA celebrates journalistic excellence at 2023 Press Award ceremony
The Vietnam News Agency (VNA) held its annual 2023 Press Award ceremony at its Hanoi headquarters on April 25.
Society
Women's Union enhances connection with Vietnamese women abroad
A delegation from the Vietnam Women’s Union (VWU) led by its permanent Vice President Do Thi Thu Thao held a working session with the Permanent Mission of Vietnam to the United Nations headquarters in New York during a recent working trip to the US.
Society
Vessels in Ha Long Carnival to perform, not to serve tourists: Authority
The Quang Ninh provincial Department of Transport has asked the administration of Ha Long city not to license the tourist vessels performing at the Ha Long Carnival 2024 to serve tourists during the programme due to safety concerns.
Society
InfographicVietnam tops Asia-Pacific in workplace wellness
Workplace well-being is on an "upward trajectory" throughout Asia-Pacific, with Vietnam leading the region (65.09), according to a recent study by Asia's largest mental health care company Intellect.
Society
Government’s action program cracks down on illegal fishing
A raft of measures to deal with illegal, unreported and unregulated (IUU) fishing is included in the Government’s freshly issued action program as the country is striving to clamp down on illegal fishing.
