Labor market undergoes structure change

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Báo điện tử CP English - 49 month(s) ago 63 readings

Labor market undergoes structure change

VGP – Việt Nam will see more and more laborers in agriculture shifting to higher value-added industry and service, said a report on Employment Trends 2011.

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According to the report, released by the Ministry of Labor, Invalids and Social Affairs (MOLISA) on January 24, agriculture, forestry and seafood sectors attracted nearly 23 million laborers by 2008, and this number is forecast to decline and stay at 21.1 million by 2020.

Laborers with higher qualifications and better skills will act as a catalyst for the labor structure changes and the turning of Việt Nam into a medium-income country.

At the report launching ceremony in Hà Nội, the European Union (EU) Ambassador to Việt Nam, Sean Doyle, said the effectiveness of the labor market is the core factor for the continued successful socioeconomic development in the country.

The report was made by the National Center for Labor Market Forecast and Information under the MOLISA’s Bureau of Employment, with technical support from the International Labor Organization through the EU-funded Labor Market Project.

By Ngọc Vân

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