Over 51 million workers employed in first nine months
In the third quarter of 2024, the labour force aged 15 and above reached 52.7 million, an increase of 114,100 people compared to the previous quarter and 238,800 people year-on-year, according to the General Statistics Office (GSO).
The labour force aged 15 and above reached 52.7 million in Q3 of 2024. (Photo: VNA)
Hanoi (VNA) – In the third quarter of 2024, the labour force aged 15 and above reached 52.7 million, an increase of 11♏4,100 people compared to the previous quarter and 238,800 people year-on-year, according to the General Statistics Office (GSO).
For the first nine months of 2024, this figure averaged 52.5 million, with a labour participation rate of 68.5%. Employed workers totalled 51.5 million, up by 212,000 year-on-year.
However, the labour market's growth remains volatile, as a large portion of workers have undertaken informal employment. In the third quarter, 33 million informal workers were recorded, accounting for 63.9% of total employment, down 1.3% and 1.1% from the previous quarter and the same period last year, respectively.
The underemployment saw an improvement, with 861,400 underemployed workers in the third quarter, down 86,700 from the previous quarter. The underemployment rate was 1.87%, down slightly year-on-year.
Average monthly earnings for the third quarter stood at 7.6 million VND (306 USD), an increase of 176,000 VND compared to the previous quarter. Male workers earned an average of 8.7 million VND per month, while female workers earned 6.5 million VND. Urban workers earned more than rural workers, with monthly averages of 9.3 million VND and 6.6 million VND, respectively.
Vietnam's unemployment rate for the third quarter was 2.24%, a slight decrease of 0.05% from the previous period. The youth unemployment rate (aged 15-24) was 7.75%, lower than the global average but still relatively high.
While the labour market continues to recover, there are still gaps between labour supply and the demands of a modern, sustainable market. More than 37.6 million workers remain unskilled, and only 28.5% of the workforce has formal training. Despite improvements, informal employment remains dominant, and by its nature posing challenges for long-term stability./.
Ho Chi Minh City needed to hire some 60,000 jobs in four key industries and nine major service sectors in Q3, up 3.5% against the same time last year, according to Director of the HCM City Centre for Forecasting Manpower Needs and Labour Market Information (Falmi) Nguyen Hoang Hieu.
As artificial intelligence (AI), along with machine learning (ML), big data and cloud computing make more in-roads among all sectors, it requires labourers to equip themselves with necessary technology knowledge and skills.
Population aging is an irreversible global trend and has a strong impact on all areas of society. The challenges that population aging brings to economic growth, politics, and social security issues are directly affecting the elderly.
Through personal relationships or professional dealings, Chairman of Phuc Son Group Nguyen Van Hau gave a total of over 130 billion VND to local leaders in Vinh Phuc and Quang Ngai provinces. These officials used their positions to execute tasks as requested by Hau, enabling him and Phuc Son Group, as well as Thang Long company, to carry out projects, participate in tenders, and win contracts.
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Amid complex developments in the region, the Vietnamese Embassy in Israel continues to advise Vietnamese citizens who remain in the conflict zone to stay calm, maintain regular contact with the embassy, and strictly follow instructions and warnings from local authorities, the Ministry of Foreign Affairs (MoFA), and the embassy.
Kon Tum aims to eliminate all substandard housing by October 31. Authorities will continue to review and prioritise support for households in serious hardship, especially those who rendered service to the nation, the poor, and victims of Agent Orange, while ensuring transparency and preventing policy abuse.
Vietnam has achieved many remarkable results, such as the smoking rate among adults decreased from 23.8% in 2010 to 20.8% in 2021. The rate of exposure to secondhand smoke decreased from 73.1% to 45.6%.
More than half a century after the war, millions of unexploded bombs and mines remain buried underground, threatening lives and hindering development in many localities.
According to the indictment, during the execution of various projects and procurement packages across the provinces of Vinh Phuc, Quang Ngai, and Phu Tho, Phuc Son Group's Chairman and General Director Nguyen Van Hau, who is also Chairman of the Thang Long investment, trade and real estate JSC, either personally committed, directed subordinates, or worked with partner entities to carry out unlawful activities related bidding and accounting procedures.
According to Ben Tre authorities, the province will continue to strengthen IUU fishing prevention by enforcing central directives and enhancing public awareness and compliance among local fishing communities.
Trial operations at the new public administrative service centres in Thanh Khe and Ngu Hanh Son wards show that the reception and processing of citizens' documents on the new wards’ data system have been smoothly handled by the staff, enabling quick settlement and facilitating easy access to public services for the people.
The event, the 12th of its kind jointly, was jointly organised by the Vietnamese Embassy in Belgium and Chris Geyskens, Chairwoman of the Belgium chapter of the Hoi An – Vietnam Association for Victims of AO/Dioxin.
The Nguyen Du Lao-Vietnamese bilingual school has positioned itself as a prestigious education establishment, nurturing generations of Vietnamese and Lao students while preserving Vietnamese culture and language as well as strengthening the special bonds between the two countries
For households of people with meritorious service and relatives of fallen soldiers, the province supported the construction and renovation of 2,374 houses, achieving 100% of the set target, 342 newly built and 2,032 renovated.
Held under the theme “Pride and Aspiration”, this year's “Glory to Vietnam” programme aimed to inspire the Vietnamese people's ambition to reach new heights during the era of integration and development.
According to the Central Committee of the Vietnam Red Cross Society (VRC), this year’s campaign provided long-term aid for 3,785 individuals and organisations. Support included houses, clean water systems, school meal facilities, books, and livelihood assistance, with a total value of more than 118 billion VND.
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.
The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
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.
