return icon Vietnamnet.vn

Over 1.1 million people unemployed, nearly 13 million others affected by Covid-19 pandemic

Vietnam’s labor market in the first half of 2021 was heavily affected by the 3rd and 4th outbreaks of the Covid-19 pandemic, according to the Vietnam General Statistics Office’s report released on July 6.

 

Hơn 1,1 triệu người thất nghiệp, gần 13 triệu người gặp khó vì đại dịch

The average monthly income of employed workers in the first half of 2021 was VND6.2 million ($300), an increase of VND320,000 ($15) year on year.

 

 

According to the report, in the second quarter of 2021, up to 12.8 million Vietnamese people aged 15 and older were negatively affected by the Covid-19 epidemic, including those who lost their jobs, had to take time off or rotate work, or had reduced working hours and decreased income. Compared to the previous quarter, an additional 3.7 million workers were negatively affected by the pandemic.

Out of a total of 12.8 million people negatively impacted by the Covid-19 pandemic, 557,000 people lost their jobs, accounting for 4.4%; 4.1 million people had to temporarily suspend their business, accounting for 31.8%; 4.3 million people had their working hours cut or had to take time off or rotated work, accounting for 34.1%; and 8.5 million workers had their income reduced, accounting for 66.4%.

The number of employed laborers aged 15 and over in the second quarter of 2021 were 49.9 million, a decrease of 65,000 people from the previous quarter and up nearly 1.8 million people over the same period of last year. Particularly, employment in rural areas was 31.8 million people, a reduction of 369,300 people compared to the previous quarter and up 581,200 people year on year. The number of employed women was nearly 23.4 million people, down by 110,400 people compared to the previous quarter and up 1.4 million people year on year.

In the second quarter of 2021, employed laborers in the agriculture, forestry and fishery industries were 13.8 million, down 2.25% from the previous quarter and up 3.47% year on year; employed workers in the service sector were 19.4 million people, down 1.32% from the previous quarter and up 3.79% over the same period of 2020; and the industry and construction sector had 16.6 million employed workers, up 3.19% from the previous quarter, and 3.64% year on year.

The rate of workers with informal employment in the second quarter of 2021 was 57.4%, up 0.3 percentage points from the previous quarter and 1.6 percentage points over the same period last year.

The number of underemployed workers in the second quarter of 2021 was 1.1 million people, an increase of 173,500 people compared to the previous quarter and a decrease of 137,100 people compared to the same period of 2020. The underemployment rate in the second quarter of 2021 was 2.60%, up 0.4 percentage points from the previous quarter and down 0.38 percentage points over the same period last year.

“The faster, stronger, more difficult-to-control outbreak of the fourth wave of Covid-19 has caused the underemployment rate in the urban area to be higher than that in the rural area, with 2.8% and 2.49%, respectively", said the General Statistics Office.

The number of unemployed workers in the second quarter of 2021 was nearly 1.2 million people, an increase of 87,100 people compared to the previous quarter and a decrease of 82,100 people compared to the same period last year. The unemployment rate in the second quarter of 2021 was 2.62%, up 0.2 percentage points compared to the previous quarter and down 0.23 percentage points year on year.

The employed workers aged 15 and older in the first half of 2021 were 49.9 million people, an increase of 788,700 people over the same period last year.

The number of underemployed workers in the first half of 2021 was more than 1.1 million people, an increase of 48,200 people compared to the same period of last year.

The number of young people (aged 15-24) who were unemployed in the first half of 2021 was about 398,900 people, accounting for 34.0% of the total number of unemployed people.

However, the average monthly income of employed workers in the first half of 2021 was VND6.2 million ($300), an increase of VND320,000 ($15) year on year. The average income of male workers was VND1.42 times higher than that of female workers (equivalent to VND7.2 million and VND5.1 million). The average income of workers in the urban area was VND7.7 million, and in rural areas VND5.3 million.

Luong Bang

Vietnamese Government launched $1.14b support package to help COVID-19 hit workers

Vietnamese Government launched $1.14b support package to help COVID-19 hit workers

The Government has just issued Resolution No 68 on a number of policies to support employees and employers facing difficulties due to the COVID-19 pandemic, worth a total of VNĐ26 trillion (US$1.13 billion).

 

MORE NEWS

Asian investors eye more M&A opportunities in Vietnam

Investors from Japan, the Republic of Korea (RoK), and Singapore are looking for more potential merger and acquisition (M&A) opportunities in Vietnam, pinning high hopes on the long-term growth prospects of the market.

Vietnam's fishery exports exceed 10 billion USD in 11 months

Fishery exports reeled in 10.14 billion USD as of November this year, up 27% annually, said the Ministry of Agriculture and Rural Development.

HCM City want foreign doctors to be fluent in Vietnamese

The HCM City Department of Health has just proposed that foreign doctors should be fluent in Vietnamese if they want to work in the country.

Use of toxic e-cigarettes among students on the rise

After a trial smoke, T lost consciousness, was foaming at the mouth, and his limbs were curled up. Two days later, T regained consciousness at the hospital, but was still in the status of extreme fear.

Vietnam spends US$7.74 billion importing petroleum products

Vietnam imported over 7.5 million tonnes of oil and petrol worth around US$7.74 billion as of mid-November, up 24.1% in volume and 122% in value year on year, according to the General Department of Vietnam Customs.

Vietnam won’t sacrifice the environment for economic growth: Prime Minister

Vietnam takes people as the goal in development. People will enjoy the fruits of a green economy and the government will not sacrifice the environment to pursue economic growth.

Vietnam’s bond market contracts amid monetary tightening

After strong growth in the previous quarter, Vietnam’s currency bond market contracted 0.2% due to a decline in the Government bond market and slower growth in corporate bonds.

AI used to predict renewable-energy capacity

Wind and solar power will account for an increasing proportion of Vietnam’s total electricity capacity.

Infrastructure pinpointed to spur socioeconomic fortunes

The Vietnamese government is continuing to promote infrastructure development with the construction of expressways and new bridges, in efforts to spur socioeconomic development and welcome new private investment.

Budget resolutions set plan for 2023

Vietnam’s state budget performance is expected to see a deficit of billions of US dollars this year, with such a landscape fixed for next year – with warnings sounded about punishing violations in budget management and usage.

Vietnam fruit exported to new markets

2022 has been a successful export year as Vietnam’s farm produce has accessed many international markets.

Colourful beauty of Lo Lo ethnic costumes

Living at the foot of Rong (Dragon) Mountain in Lung Cu Commune, Dong Van District, Ha Giang Province, the Lo Lo ethnic community have effectively preserved their traditional culture, including their attire.

Sapa forecasted to experience frost

Mount Fansipan in the northern province of Lao Cai’s Sapa Town has been forecasted to see frost in the coming days as temperatures fall below zero degrees centigrade.

Dortmund footballers excited to discover Hanoi

Following their arrival in Hanoi, players of Bundesliga FC Borussia Dortmund enjoyed a cyclo tour around the Vietnamese capital and explored some famous sightseeing spots ahead of their friendly match against hosts Vietnam on November 30.

Vietnamese lacquer painting sold for EUR390,000 at French auction

A lacquer painting by late Vietnamese painter Nguyen Khang (1912-1989) went for EUR390,000 on November 28 at the "Major Works of Asian Painters" auction held by Aguttes in France.
back_to_top