The average monthly income of Vietnamese workers surged by 8.6 % annually to 7.7 million VND (approximately 304 USD) in 2024, according to a press conference held by the General Statistics Office (GSO) in Hanoi on January 6.
The increasing unemployment rate of Generation Z (people born between 1997 and 2012) in Indonesia is causing economic pressure and wasting human resources.
Ten groups of occupations are recording a sharp fall in recruitment demand, and the unemployment rate may increase in the time ahead, said recruiting service provider Navigos Group.
According to the Indonesian Employers' Association (APINDO), almost 1 million people lost their jobs due to layoffs in the first 11 months of 2022. The data is based on the number of unemployment claims filed to the workers' social security agency, BPJS Ketenagakerjaan.
The average monthly income of workers in most economic sectors continued to increase and the unemployment rates declined in the third quarter of this year, according to the General Statistics Office (GSO).
The number of unemployed people in Vietnam stood at nearly 1.1 million in the first half of 2022, down 47,600 year-on-year, said an official from the General Statistics Office (GSO) at a press conference on in Hanoi on July 6.
Unemployment in the first quarter of 2022 shrank by 130,000 to around 1.3 million from the previous quarter, reflecting a labour market post-pandemic recovery, according to the General Statistics Office (GSO).
The COVID-19 pandemic has caused Laos’ unemployment rate to soar, with more than 400,000 people either losing their jobs or not finding new ones, according to the Lao Federation of Trade Unions (LFTU).
Although it is put under control, the fourth wave of the COVID-19 pandemic has hit all aspects of the social life, seriously affecting businesses and people. The labour market is facing a risk of crisis when unemployment and underemployment rates rise sharply and workers' incomes fall significantly.
More than 1.4 million Vietnamese were unemployed in 2021, up 203,700 from the previous year or 17 percent, due to impacts of the worst-ever fourth wave of COVID-19 infections for months, data from the General Statistics Office (GSO) showed.
Prime Minister Pham Minh Chinh and four ministers will go before the National Assembly (NA) for question-and-answer sessions at the next phase of the 15th NA’s second session, according to NA General Secretary and Chairman of the NA Office Bui Van Cuong.
The COVID-19 pandemic has had great impact on the labour market, with an increase in the unemployment rate, according to the Department of Employment of the Ministry of Labour, Invalids and Social Affairs (MoLISA).
Singapore’s labour market has continued its recovery from the COVID-19 in the first three months of the year, with total employment growing for the first time since the start of the pandemic, according the country’s Ministry of Manpower (MOM).
Indonesian Minister of Finance Sri Mulyani Indrawati has said that the number of unemployed people in the country increased by 2.67 million due to the COVID-19 pandemic, from 7.1 million to 9.77 million or from 5.23 percent to 7.07 percent.
Cambodia’s poverty rate could nearly double to 17.6 percent and unemployment could rise to 4.8 percent, according to a policy brief that assesses the socio-economic impact of COVID-19 in Cambodia released by the UN Development Programme (UNDP) on October 8.
A report released by the Singapore Ministry of Manpower (MOM) on October 7 showed that the resident unemployment rate in the country rose by 0.4 percentage point in August to 4.5 percent, the highest level in more than a decade.
Vietnamese policymakers are on the fence about regional minimum wage increase next year, establishing whether it might increase the burden on hard-pressed businesses amid the economic uncertainty caused by COVID-19.
Unemployment in the Philippines soared to 17.7 percent in April, equivalent to around 7.3 million jobless Filipinos amid the COVID-19 pandemic, the Philippine Statistics Authority (PSA) announced on June 5.
Millions of Indonesians may fall into poverty and unemployment as the COVID-19 pandemic batters the Indonesian economy, according to Indonesia’s Finance Minister Sri Mulyani Indrawati.
The global health crisis caused by the COVID-19 pandemic has rapidly become a worldwide socio-economic crisis. In Vietnam, how will this crisis affect the economy and employment of workers in the future?
