Vietnam’s unemployment numbers continue to decline
- Claire Lee
- Topics: Home Page - News, News, Recruitment, Vietnam
Vietnam’s unemployment numbers fell in the first six months of 2022, down 47,600 year-on-year, according to official data.
Over the period, there were around 410,300 people aged 15 to 24 without a job, which comprised 36.8% of the total figure, said Pham Hoai Nam, Director of the GSO’s Department of Population and Labour.
The unemployment and underemployment rates also fell in Q2, compared to the previous quarter and over the same period last year.
The underemployed population was estimated at over 1.1 million, marking a year-on-year decrease of 30,200. The underemployment rate in urban areas hovered at 1.88%, which is lower than the 2.95% in rural areas.
READ: Vietnam to implement regional minimum wage hike
Over the first half of the year, the number of employed workers aged 15 and above reached 50.3 million, increasing 417,000 year-on-year. This includes 18.6 million in urban areas, registering an increase of 762,000, Vietnam Plus reports.
