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Update news unemployment
Vietnamese students attend World Youth Rhino Summit; RoK shares experience in agricultural mechanization with Vietnam; Vietnam’s MDG achievements highlighted at UN session;
Vietnam’s jobless rate stood at around 1.84% in the second quarter, the lowest in the past year, according to the Institute of Labor Science and Social Affairs.
VietNamNet Bridge – Valedictorians with excellent marks at some universities in Vietnam cannot find jobs in their majors and have to accept positions outside their fields.
More than 162,000 people who are university graduates or post graduates were jobless in the second quarter of 2014, nearly two times higher than the general unemployment rate and higher than that of the fourth quarter of 2013.
Russian President Vladimir Putin on Thursday called on European Union (EU) leaders to jointly hold urgent consultations over Ukraine's gloomy economy, insisting that Russia had been playing a supporting role in the country's stability.
VietNamNet Bridge – Economics remains the “hottest” major and the most popular choice among university students.
VietNamNet Bridge – As predicted, the unemployment rate in Vietnam has increased rapidly in the economic recession, when there are more dissolved than newly set up businesses.
VietNamNet Bridge – Commercial banks have laid off thousands of workers because of the bad business performance.
Unemployment in Australia remained unchanged at 5.7 percent in October despite the loss of nearly 28,000 full-time jobs as the mining investment boom unwinds.
VietNamNet Bridge – Viet Nam's education system is seeing a trend of many university graduates, who cannot find steady employment, continuing their studies to obtain master's degrees.
Banking was once one of the most popular professions among college graduates as it was believed to offer both high income and stability. That is, until the national economic recession hit.
Being proud of passing the university entrance exams after four years of study, many students face a bitter reality when they cannot find a good job. Even bachelors with excellent diplomas only wish to get a job.
Economists, while pointing out that the reports released by different state agencies are at variance, said that it’s very difficult to find out effective solutions to the current situation with such the unreliable statistics.
Typically, in many countries around the world, the unemployment indicator is used to assess the health of the economy. If this rate is low, the economy is healthy and is creating more jobs. But it is different in Vietnam.
A mathematics master works as a simcard seller, a business administration bachelor works as home maid, or a pedagogical school graduate works as a waiter at a café. The Vietnamese high qualification labor force has become so cheap.
VietNamNet Bridge – In early 2013, Vietnam had about 857,000 unemployed workers, of which women accounted for the majority with 53.8 percent.
A big real estate developer has been reportedly hospitalized to treat his mental disease. Thousands of bachelors in Da Nang City now work as blue collar workers at an electronics company.
With less than one week away from now the list of registered football players for the 2013 season will be officially finalized. The chance of finding a new club is becoming very fragile with Cong Vinh.
There are very few job opportunities for new school graduates nowadays. A lot of young bachelors, including the ones with two or three university degrees, have to lay by their degrees in wardrobe and take the jobs as blue collar workers.
VietNamNet Bridge – Local authorities hope to cut HCM City's unemployment rate to 4.8 per cent from last year's 4.9 per cent, according to the deputy director of the city Department of Labour, Invalids and Social Affairs.