VietNamNet Bridge – Even though Viet Nam's unemployment rate remains at just over 2 per cent, the youth unemployment rate is three times higher, affirmed a report on the socio-economic situation till September.

Illustrative image -- File photo

The General Statistics Office of Viet Nam in its report revealed last Friday, said that while the overall unemployment rate is 2.36 per cent, the unemployment rate among young labourers (aged from 15 to 24) is three times higher, and reached 6.74 per cent. The unemployment rate of young labourers is different from urban areas (11.52 per cent) to rural areas (4.1 per cent). The unemployment rate of labourers aged more than 25 was only 1.25 per cent.

The report stated that the number of labourers working in industrial enterprises (as of September 1) increased 7.1 per cent in comparison to the same period last year. Labourers in State-owned enterprises increased 0.2 per cent, private enterprises 4.9 per cent, enterprises with foreign direct investment 10.6 per cent.

The General Statistic Office of Viet Nam said that nationwide the number of labourers reached 54.32 million, marking an increase of 11,700 people over the same period last year. Of which, male labourers occupy 51.77 per cent and female labourers 48.23 per cent.

Although there was an increase in the unemployment rate from 1.9 per cent in 2013 to 2.36 per cent in 2015, Viet Nam is on the list of countries with the lowest unemployment rate globally.

VNS