Nearly 100,000 people claim unemployment benefits each month
There were nearly 100,000 people applying for unemployment benefits each month this year while the monthly average in 2019 was just 60,000-70,000, according to an official of the Ministry of Labour, Invalids and Social Affairs (MoLISA).
The MoLISA's Department of Employment forecast job losses may increase by about 100,000 every month (Photo: VNA)
Hanoi (VNA) – There were nearly 100,000 people applying for unemploymentbenefits each month this year while the monthly average in 2019 was just60,000-70,000, according to an official of the Ministry of Labour, Invalids andSocial Affairs (MoLISA).
TaoBang Huy, Deputy Director of the MoLISA’s Department of Employment, said over686,200 people applied for unemployment benefits in the first seven months of2020, up 32 percent year on year, equivalent to almost 100,000 claims monthly.
Thisdepartment forecast the number of job losses may increase by about 100,000every month, mainly in such industries as tourism, accommodation and foodservices, construction, transportation, and processing-manufacturing.
While70 percent of all businesses may suffer from COVID-19 impacts, the number of furloughedemployees or those with less work to do could rise to between 3.5 million and 5million.
Inthe first half of 2020, 29,000 companies had to suspend operations for a certainperiod of time, rising 38.2 percent from a year earlier. Meanwhile, the number of people ofworking age with employment declined to 51.8 million, compared to 54.4 millionin the same period last year.
Somesectors with strong job cuts included processing-manufacturing, accommodationand food services, education and training, wholesales and retails, and vehiclerepair.
Althoughthe labour market in Vietnam has shown signs of recovery, the resurgence ofCOVID-19 has added a further complication to businesses and their employees.
VuThi Thu Thuy, Director of the Population and Labour Statistics Department atthe General Statistics Office, did not rule out the possibility of 5 millionpeople becoming unemployed by the year’s end, noting that job losses maycontinue during the remaining months if business promoting solutions are notcarried out drastically./.
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Vietnam’s labour market has bounced back quickly after the social distancing period, according to Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung, who also expects it to return to the first-quarter level in the July-September period.
The General Statistics Office (GSO) has urged designing specific support packages for disadvantaged labour groups in the context of 57.3 percent of labourers from 15 years old and above seeing their income reduce under the COVID-19 pandemic’s impact.
Prime Minister Nguyen Xuan Phuc on August 19 chaired a meeting of the Government’s permanent members to discuss draft development plans for coming years, asking for effective and feasible solutions to minimise COVID-19-caused losses and recover the economy in both short and medium terms.
The programmes have brought about positive changes to rural infrastructure, comprehensively improved the material and spiritual lives of farmers, and contributed to Vietnam's economic restructuring, said PM Pham Minh Chinh.
The festival highlighted the contributions and robust development of Vietnam's revolutionary press over the past century while promoting press products and showcasing the creativity of Vietnamese journalists.
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UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
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In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
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The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
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.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.