Millions of people unemployed, lowest income in years

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Data released recently by the General Statistics Office shows that in 2021 the average monthly income of workers in Vietnam was 5.7 million VND, down 32,000 VND compared to 2020.

Millions of people unemployed, lowest income in years

The complicated Covid-19 pandemic seriously hit the employment situation in 2021.

According to the General Statistics Office’s data released on January 6, the labor force aged 15 and over in the fourth quarter of 2021 was 50.7 million people, an increase of about 1.7 million people compared to the previous quarter and a decrease of 1.4 million people over the same period last year.

For 2021, the labor force aged 15 and over reached 50.5 million people, down 791,600 people compared to the previous year.

Employed laborers aged 15 and over in the fourth quarter of 2021 were 49.1 million people, an increase of 1.82 million people compared to the previous quarter and a decrease of 1.79 million people compared to the same period of 2020. In the fourth quarter of 2021, thanks to the great coverage of vaccination against Covid-19 and loosed social distancing measures, the Vietnamese economy began showing signs of recovery.

Regarding underemployed workers, the number of underemployed people in the fourth quarter of 2021 was nearly 1.5 million people, down 381,100 people compared to the previous quarter and an increase of 635,900 people year on year. The figure for the entire 2021 was over 1.4 million people, up by 370,800 people compared to the previous year.

Meanwhile, the average monthly income of Vietnamese worker in the fourth quarter of 2021 was 5.3 million

VND, an increase of 139,000 VND compared to the previous quarter and a decrease of 624,000 VND compared to the same period of 2020.

Notably, for the whole 2021, the average monthly income of Vietnamese workers was 5.7 million VND, down 32,000 VND compared to 2020.

The average monthly income of male workers was 6.6 million VND, 1.4 times higher than that of female employees (4.7 million VND). The average income of workers in urban areas was 7 million VND, 1.4 times higher than that of workers in rural areas (5 million VND).

Luong Bang

More than 1.4 million Vietnamese were unemployed in 2021, up 203,700 from the previous year or 17 percent, due to impacts of the worst-ever fourth wave of COVID-19 infections for months, data from the General Statistics Office showed.

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