HCM City Reports 41,928 Laid-off Laborers
Up to 195 enterprises in Ho Chi Minh City have halted or narrowed their production, laying off 41,928 workers, including 26,183 women, said the municipal Department of Labor, War-Invalids and Social Affairs.
The city is forecast to witness an additional 7,301 laid-off workers in the coming months due to impacts by the global economic downturn, the department said.
The department has proposed the municipal People’s Committee set up a taskforce to deal with companies’ salary debt.
Ho Chi Minh City, the largest employment hub of Vietnam, now has more than 4.16 million people of working age, accounting for 67.66 per cent of the total population. Among them, 53.8 per cent are female laborers.
The city’s unemployment rate now stands at 5.52 per cent.
HCM City is currently home to 57 companies and branches, of which ten are managed by the municipal People’s Committee.
In the first two months of the year, 80,000 Vietnamese workers became unemployed. The country created around 18,000 overseas jobs in the two-month period. (Saigon Liberation)