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Friday, June 14, 2024

Over 22,000 workers in HCMC industrial parks lose jobs in 2023

By Le Hoang

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HCMC – More than 22,000 workers in export processing zones and industrial parks in HCMC lost their jobs in 2023, according to the HCMC Export Processing and Industrial Zones Authority (HEPZA).

The total number of workers employed in export processing zones and industrial parks at the end of 2023 stood at 252,057, down by nearly 22,200 workers in comparison to the previous year.

Hua Quoc Hung, head of HEPZA, attributed this decline in workforce to hardships faced by the manufacturing sector, such as a lack of new orders, difficult economic conditions, and companies’ investments in new technology and machinery optimization.

However, for the first half of 2024, while some enterprises continue to cut jobs, many others still have hiring demands. It is estimated that over 10,500 workers will be recruited between January and June.

Among the prospective recruits, nearly 1,000 hold a university degree or higher, while over 550 have vocational or college education. Unskilled workers make up more than 8,700 of the individuals expected to be hired.

Around 60% of the recruitment will be driven by the requirements of new investment projects, with the remaining percentage related to new production orders.

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