unemployment

Update news unemployment

Social News 25/9

 Vietnamese students attend World Youth Rhino Summit; RoK shares experience in agricultural mechanization with Vietnam; Vietnam’s MDG achievements highlighted at UN session;

Unemployment put at 1.84%

Vietnam’s jobless rate stood at around 1.84% in the second quarter, the lowest in the past year, according to the Institute of Labor Science and Social Affairs.

Valedictorians struggling to look for jobs

 VietNamNet Bridge – Valedictorians with excellent marks at some universities in Vietnam cannot find jobs in their majors and have to accept positions outside their fields.

One-fifth of university graduates unemployed

More than 162,000 people who are university graduates or post graduates were jobless in the second quarter of 2014, nearly two times higher than the general unemployment rate and higher than that of the fourth quarter of 2013.

Putin suggests urgent consultations over Ukraine with European leaders

Russian President Vladimir Putin on Thursday called on European Union (EU) leaders to jointly hold urgent consultations over Ukraine's gloomy economy, insisting that Russia had been playing a supporting role in the country's stability.

Students still register for economics studies despite high unemployment

 VietNamNet Bridge – Economics remains the “hottest” major and the most popular choice among university students.

More businesses shut down, more workers get unemployed

 VietNamNet Bridge – As predicted, the unemployment rate in Vietnam has increased rapidly in the economic recession, when there are more dissolved than newly set up businesses.

Thousands of jobs cut in banking sector

 VietNamNet Bridge – Commercial banks have laid off thousands of workers because of the bad business performance.

Australian unemployment steady at 5.7%

 Unemployment in Australia remained unchanged at 5.7 percent in October despite the loss of nearly 28,000 full-time jobs as the mining investment boom unwinds.

Postgrads receiving no degree of support

 VietNamNet Bridge – Viet Nam's education system is seeing a trend of many university graduates, who cannot find steady employment, continuing their studies to obtain master's degrees.

Banks slash staff in difficult times

 Banking was once one of the most popular professions among college graduates as it was believed to offer both high income and stability. That is, until the national economic recession hit.

Unmarketable degrees

Being proud of passing the university entrance exams after four years of study, many students face a bitter reality when they cannot find a good job. Even bachelors with excellent diplomas only wish to get a job.

Big differences in statistics make economists puzzled

Economists, while pointing out that the reports released by different state agencies are at variance, said that it’s very difficult to find out effective solutions to the current situation with such the unreliable statistics.

Unemployment down, why is the economy not good

Typically, in many countries around the world, the unemployment indicator is used to assess the health of the economy. If this rate is low, the economy is healthy and is creating more jobs. But it is different in Vietnam.

Part 1: The grievous fate of bachelors

A mathematics master works as a simcard seller, a business administration bachelor works as home maid, or a pedagogical school graduate works as a waiter at a café. The Vietnamese high qualification labor force has become so cheap.

More unemployed female workers than male workers: statistics

VietNamNet Bridge – In early 2013, Vietnam had about 857,000 unemployed workers, of which women accounted for the majority with 53.8 percent.

In economic recession, there’s no opportunity for fastidious workers

A big real estate developer has been reportedly hospitalized to treat his mental disease. Thousands of bachelors in Da Nang City now work as blue collar workers at an electronics company.

Vietnam’s top striker Cong Vinh at risk of unemployment

With less than one week away from now the list of registered football players for the 2013 season will be officially finalized. The chance of finding a new club is becoming very fragile with Cong Vinh.

Bachelors with two university degrees also stay redundant

There are very few job opportunities for new school graduates nowadays. A lot of young bachelors, including the ones with two or three university degrees, have to lay by their degrees in wardrobe and take the jobs as blue collar workers.

HCM City sets sights on lowering high rate of unemployment

 VietNamNet Bridge – Local authorities hope to cut HCM City's unemployment rate to 4.8 per cent from last year's 4.9 per cent, according to the deputy director of the city Department of Labour, Invalids and Social Affairs.