The number of unemployed university graduates grew sharply in the second quarter of 2017, while the country’s unemployment rate declined slightly compared with the previous quarter, according to data of the Institute of Labour Science and Social Affairs.
A job fair for new graduates in Hanoi. (Photo chinhphu.vn)
Hanoi (VNA) - The number of unemployed university graduates grew sharplyin the second quarter of 2017, while the country’s unemployment rate declinedslightly compared with the previous quarter, according to data of the Instituteof Labour Science and Social Affairs.
In the second quarter,183,100 holders of bachelor’s or master’s degrees couldn’t find jobs, up 44,200compared with the previous quarter, the report said. In the meantime, as manyas 1.08 million working-age Vietnamese were unemployed in the second quarter,20,000 fewer than in the previous quarter.
The unemployment rate inthe Mekong River Delta and southeastern provinces reached 2.95 percent and 2.65percent , respectively. The northern midlands and mountainous region andCentral Highlands, registered the lowest unemployment rate, at 0.95 and 1.05,respectively.
About24.5 percent of the unemployed have been out of work for more than 12 months.
Dao Quang Vinh, Director ofthe Institute of Labour Science and Social Affairs, blamed the high unemploymentrate among holders of university and higher degrees on low demand in thebusiness sector in the second quarter. A lack of working experience also causeshigh unemployment among new graduates, he said.-VNA
Dao Thanh Chien, a university graduate from the central province of Thanh Hoa, earns a monthly average of 8 million VND (355 USD) selling ice tea and driving a motorbike taxi, not from working as a public official as he wished after graduating from the university.
As more start-ups have been established, HCM City’s labour demand has increased, with 25,000 permanent and 7,000 temporary jobs that need to be filled in June.
In the second quarter of this year, Vietnam recorded a labour force of 54.52 million, of which 53.4 million people aged 15 years or more found work, according to the General Statistics Office (GSO).
The Ministry of Labour, Invalids and Social Affairs (MoLISA) is devising a scheme to export high-skilled labourers abroad to tackle domestic unemployment.
It is estimated that there will be some 86,000 unemployed labourers in the textile and garment industry due to changes brought by the fourth industrial revolution.
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The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
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