Youth unemployment rate remains high: MOLISA

The labour market is gradually returning to normal development trends seen before the COVID-19 pandemic, according to the Ministry of Labour, Invalids and Social Affairs (MOLISA). However, the department noted that there are still issues to address, in particular the high youth unemployment rate. The youth unemployment rate remains notably high. Nationwide, there are approximately 1.4 million unemployed (aged 15 to 24) who are neither employed nor engaged in education or training, which is 11% of the total youth population. This rate is higher in rural areas compared to urban areas, standing at 12.8% versus 8.3%, respectively.

Source: Vietnam News Agency

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