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Labour market bounces back

Vietnam’s labour market has improved, sending goods news to workers being laid off in the final quarter of last year due to a shortfall of new orders faced by their companies, The Saigon Times reported.
Labour market bounces back ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) - Vietnam’s labour market hasimproved, sending goods news to workers being laid off in the final quarter oflast year due to a shortfall of new orders faced by their companies, The SaigonTimes reported.

The Hanoi Centre for Employment Services, in cooperationwith job centres in six neighbouring provinces, will hold job bazaars to matchjob supply with demand in the capital city and the localities, with theparticipation of 60 to 80 employers.

The provinces comprise Bac Giang, Bac Ninh, Thai Nguyen,Hung Yen, Bac Kan and Lang Son.

Hanoi plans to hold 55 job bazaars and provideassistance to 100,000-120,000 job seekers in the first quarter.

Of the total, the logistics industry requires 14,000-18,000workers, the hospitality industry 10,000-12,000 workers, the real estate industry10,000-15,000 workers and the information technology industry around 15,000 newemployees.

In 2022, the city helped 203,000 people find a job,exceeding the full-year target by 26.9%, the Hanoi Department of Labour, WarInvalids and Social Affairs said, adding that over 18,300 workers found jobs atjob bazaars.

Meanwhile, employment demand in southern Vietnam alsosurged. Earlier, the Ho Chi Minh City Department of Labour, War Invalids andSocial Affairs announced on February 2 that the southern metropolis would alsohold job bazaars to help the residents of the city, southwestern provinces andcentral highlands find jobs.

Depending on global economic conditions, the labour demandin the city would require between 280,000 and 320,000 new workers this year,said the HCM City’s Centre of Forecasting Manpower Needs and Labour MarketInformation.

It estimated that businesses in the city would recruit79,000-87,000 new employees in the first quarter, with the service industryaccounting for over half of the recruitment demand.

Last year, many employees had to deal with reduced workhours or layoffs due to difficulties plaguing the manufacturing sector causedby a lack of new orders./.
VNA

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