
Meanwhile, the average income of male and female workers stoodat 8.1 million VND and 6 million VND, respectively.
In the fourth quarter of 2023, the living standard of workerswas improved as the average income rose by 180,000 VND per month compared tothe previous quarter to 7.3 million VND, or 2.5% quarter-on-quarter, nearly doubling the rate recordedin the fourth quarter of 2022 – the time just after the end of the COVID-19 pandemic.
The improvement in income for labourers was attributed toenterprises ramping up production and business activities driven by anincreasing number of orders.
Increase in average income in the last quarter of 2023 was seen across regions nationwide, with the Red River Delta region experiencing the highest growth of 3.5% quarter-on-quarter and 8.2% year-on-year. Meanwhile, the Southeast region recorded the lowestgrowth, approximately at 2.3%.
Although income growth in the Southeast region is slowercompared to other areas, it no longer leads in terms of unemployment rateamong the working-age population. Notably, the unemployment rate in Ho Chi Minh City has decreasedto 2.91% as many businesses have more orders and expand production, leading to an increasing demandfor recruiting workers.
The office reported that localities nationwide have strengthenedjob transaction connections, contributing to increasing the number of employed labourersto 51.3 million people in the fourth quarter of 2023, up 130,000 compared tothe previous quarter.
The number of labourers losing their jobs in the perioddecreased by nearly 33,000 to 85,000, it said./.