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Monday, July 22, 2024

HCMC businesses to need over 67,000 workers in Q2

The Saigon Times

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HCMC – Businesses in HCMC are expected to employ from 67,000 to 73,000 workers from April to June.

The city’s four key industries would require 14,000-15,000 new employees or 21% of the labor demand. They comprise mechanical engineering and automation, electronics and IT, chemical products, and food processing.

Some 38,000 to 42,000 workers will be needed in nine service sectors, making up 58% of the labor demand.

The information was announced by Nguyen Van Lam, deputy director of the HCMC Department of Labor, Invalids and Social Affairs, at a press conference on the municipal socioeconomic conditions held yesterday, April 6.

Lam said nearly 72% of companies in the municipality would maintain their manpower, 21% would recruit new employees and 7.3% lay off staff due to a drop in new orders and non-renewal of labor contracts.

The department plans to hold 47 job bazaars this quarter, including three online job bazaars to recruit workers from the southeast and southwest provinces and work with the HCMC Department of Tourism to boost employment in the tourism industry.

Data from the department showed that over 1,200 local firms reduced staff, resulting in over 19,500 jobless people during the year’s first quarter, while around 700 companies boosted recruitment, employing over 5,200 workers.

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