October 01, 2018 | 21:42 (GMT+7)
Labor market shows progress in first nine months of 2018
Effective administrative reform policies and positive impacts of free trade agreements Vietnam has signed have contributed to the country’s employment situation.
According to the General Statistics Office’s Department of Population and Labor Statistics, in the first nine months of 2018, the number of laborers aged above 15 was estimated at 55.2 million, up 581,500 people from the same period last year.
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Labor market shows progress in first nine months of 2018. Photo for illustration |
The labor structure continued to shift towards reducing the labor density in the agro-forestry-fisheries sector and increasing the proportion in the industrial and services sectors.
In the reviewed period, 1.1 million people were unemployed, 19,600 people of 1.7 percent lower than that of the same period last year.
The rate of skilled employees reached 21.8 percent, while informal labor made up 56.2 percent of the non-agricultural employment, deceasing slightly year-on-year and mostly in the rural areas.
The General Statistics Office also released that monthly income of employees was averaged at VND 5.8 million (USD 249.4) during the January-September period, up VND 381,000 year on year.
Source: VNA