Labour market marks quick recovery

According to the Ministry of Labour, Invalids and Social Affairs (MoLISA), supportive solutions and policies have helped the domestic labour market recover quickly, thus, helping industrial parks, export processing zones and key economic regions to maintain a stable labour force.
Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung speaks at the conference.
Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung speaks at the conference.

At the national virtual conference held on January 14, to deploy the tasks of labour, people with meritorious services and society in 2023, Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung said, that in the past year, the sector has actively researched and proposed to the Party Central Committee, the National Assembly and the Government measures to restore production and short-term and long-term social security policies.

According to the MoLISA, the labour market in 2022 witnessed a fast and strong recovery. The average income of employees continuously increased and improved from the first quarter to the third quarter of 2022.

The labour force, the number of people working, and average monthly income increased compared to the previous year. The work of creating jobs associated with raising incomes for workers has always been a concern for local authorities.

However, from the beginning of the fourth quarter of 2022 until now, several industries and fields have encountered difficulties in production, business, and job maintenance for employees, especially enterprises in the fields of textiles, garments and leather shoes, wood processing, etc.

To promptly stabilise the situation, the MoLISA submitted to the Prime Minister to issue Official Dispatch No.1170/CD-TTg dated December 16, 2022, on measures to stabilise and develop flexible, effective, sustainable labour and take care of employees' lives.

NDO