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International Journal of
Social Research and Development
ARCHIVES
VOL. 3, ISSUE 1 (2021)
Employment and labor market in Vietnam during the COVID-19 pandemic
Authors
Mai Phuong Nguyen, Hanh Thi Hong Vo
Abstract
The COVID-19 pandemic has a comprehensive and profound impact on all countries in the world. Vietnam is also one of the countries affected. COVID-19 has seriously influenced all socio-economic fields, including a direct effect on employment in Vietnam. Therefore, this article will focus on the employment change in Vietnam under the impact of COVID-19, thereby suggesting some solutions to support businesses and employees. The results show that the year 2020 marks a decline in the workforce of more than 2 million people- an unprecedented decrease in the past decade. The workforce has declined mainly in rural areas and female employees. The second quarter of 2020 also witnessed a sharp decline in the number of employed workers aged 15 and over, and the underemployment rate increased sharply. The unemployment rate was the highest in the past ten years, of which the rate of unemployment increases most in the group of workers with low technical and professional qualifications.
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Pages:10-13
How to cite this article:
Mai Phuong Nguyen, Hanh Thi Hong Vo "Employment and labor market in Vietnam during the COVID-19 pandemic". International Journal of Social Research and Development, Vol 3, Issue 1, 2021, Pages 10-13
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