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Update news unemployment rate
The increasingly high unemployment rate has been attributed to the low quality, un-programed and uncontrolled training.
VietNamNet Bridge – Viet Nam has the ninth-lowest unemployment rate in the world, but wage cuts by enterprises and the widespread lack of insurance mean even those fortunate enough to be employed still face challenges.
There are so numerous people with high education (bachelors, masters and PhDs) in Vietnam that they have been compared as the “yellow leaves in the autumn.”
While universities and junior colleges report the high percentages of graduates who can find jobs, job centers and local labor departments have reported the increasingly high unemployment rate.
VietNamNet Bridge – After spending a long Tet holiday at ease, people have returned to the normal life with the permanent worry about the unemployment and low pay.
VietNamNet Bridge – The total number of unemployed people in HCM City is expected to remain steady at about 150,000 throughout 2013, according to the City Centre for Job Placement.
VietNamNet Bridge – Staff recruitment in HCM City dropped by 2.9 per cent this year compared to 2011, according to the city's Centre for Forecasting Manpower Needs and Labour Market Information.