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Ho Chi Minh City
Sunday, July 21, 2024

Unemployment rate highest since early 2020

The Saigon Times

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HCMC – The fourth wave of Covid has led to the closure of many businesses, causing the unemployment rate in the third quarter of 2021 to rise to 3.72%, the highest since the pandemic broke out early last year.

Data of the General Statistics Office of Vietnam showed that the country had 49.2 million laborers aged 15 or older in the third quarter of this year, falling by 1.9 million compared with the previous quarter and 2.1 million year-on-year.

The unemployment rate from January to September reached 2.91%. The rate is higher in urban areas (3.78%) than rural areas (2.39%). 

As of September 21, the country had spent some VND13.8 trillion to support 17.6 million people, including VND11.4 trillion for 23 cities and provinces worst affected by the Covid pandemic. 

Besides, the Government has distributed some 136,350 tons of rice from the national rice reserves to more than 2.4 million households with 9.1 million people affected by the pandemic. 

HCMC alone has spent nearly VND5.45 trillion, accounting for 40% of the country’s total, to support over 4.8 million people. 

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