Labour 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.
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The labour structure continued to shift towards reducing the labour 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% lower than that of the same period last year.
The rate of skilled employees reached 21.8%, while informal labour made up 56.2% 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 VND5.8 million (US$249.4) during the January-September period, up VND381,000 year on year.