HANOI, Dec. 27 (Xinhua) -- The Vietnamese labor market is bouncing back with more people getting employed in 2023, Vietnam News reported Wednesday, citing Dao Ngoc Dung, minister of labor, invalids and social affairs.
He said the workforce in many industrial zones and key economic sites was stable in 2023, as the mass layoffs that had ravaged the country since the fourth quarter of 2022 had lost steam in the last months of the year.
In 2024, the ministry will spare no effort to meet the three targets set by the National Assembly, namely an unemployment rate of less than 4 percent, trained workers reaching 69 percent of the workforce, and a multidimensional poverty rate kept down around 1 percent, he said.
According to the latest update of the General Statistics Office, as of the third quarter of 2023, Vietnam's labor force reached 52.3 million people, and Vietnamese people's per capita monthly income averaged 7.1 million Vietnamese dong (291 U.S. dollars). ■
