Latest News about unemployment
Analysts have warned of the second wave of layoffs which may come six months after the first period, which were caused by the effects of the pandemic.
Some 30.8 million employees aged over 15 in Vietnam had been left reeling from the coronavirus pandemic by June, with roughly eight million being laid off or having their working hours reduced and 17.6 million given salary cuts.
More than 6,000 workers of the Taiwanese company, PouYuen, in HCM City have been laid off due to the company's business difficulties during the Covid-19 pandemic.
As of June, 30.8 million people aged over 15 have been laid off, lost jobs or got fewer wages due to fewer work hours because of Covid-19, according to the Department of Employment.
The coronavirus pandemic has left tremendous impact on Vietnam's footwear industry, with the lack of production orders and the consequent drop in exports forcing them to lay off employees.
Footwear maker Pouyuen Vietnam Co. Ltd., which is based in Ho Chi Minh City's Binh Tan District ended its contract with nearly 2,800 workers on June 20, according to the Nguoi Lao Dong (Labourers) Newspaper.
Over 26 million Americans have filed for unemployment - and there's a human story behind each claim.
Experts have warned that consumers may soon start defaulting on their credit card payments due to rising unemployment and salary cuts in many industries and sectors in the wake of the COVID-19 outbreak.
The global economic impact of coronavirus could leave nearly 200 million people jobless, a UN agency says.
Nearly 7,000 workers at 33 companies in Tan Thuan Processing Zone have become unemployed due to Covid-19.
More than 6.6 million Americans filed for unemployment last week as the coronavirus spreads.
Nearly 70,000 labourers had lost their jobs amid the COVID-19 crisis as many enterprises in Hà Nội have been forced to scale down production or temporarily suspended operations, the city’s Confederation of Labour has announced.
The HCM City Party Committee has approved paying an allowance of US$42.5 a month to people losing their livelihoods due to the COVID-19 pandemic from the outlay meant for paying wage hikes this year to city officials.
The number of recipients of unemployment benefits nationwide rose by 9.11 percent to 378,000 people during the first quarter of 2020 as a large amount of businesses have been forced to suspend operation or go bankrupt by COVID-19.
The COVID-19 pandemic has become a new challenge for property brokers who have been facing many since last year due to the low supply in the market.
The worst university majors for jobs were forestry and aquaculture (82.7 percent) and social services (82.3 percent).