Building a stable labor supply chain, a key solution for post-pandemic recovery

VIETNAM, June 7 – Workers at Đồng An 1 Industrial Park in Thuận An city, Bình Dương province. — Photo VNA/VNS Chí Tưởng

HCM CITY Building stable labor supply chains with workers placed at the center of all policies and a focus on income and social security security is one of the solutions to post-war economic recovery. pandemic, heard a seminar as part of the 4th Việt Nam Economic Forum held in HCM City on Sunday.

Deputy Minister of Labour, Invalids and Social Affairs, Lê Văn Thanh, said the pandemic had left negative effects on the labor market and on workers’ jobs and incomes.

Supply has fallen sharply while the number of employed workers has fallen to its lowest level in many years. The number of workers in employment stood at 49.07 million in the fourth quarter of 2021, down 1.79 million from a year ago.

The unemployment rate peaked in the third quarter of 2021 at 3.98%, which equates to more than 1.7 million people. The rate in urban areas hit a record high of 5.54% in the same quarter.

The average monthly income of workers increased from 6.7 million VNĐ in 2019 to 5.3 million VNĐ in 2021.

In particular, there has been an opposite trend in the structure of the labor force, with 1.3 million workers moving from urban to rural areas and from major economic centers to localities.

The Deputy Minister said that although most sectors and areas have entered the recovery period and started to register growth again, the supply of labor remains limited, unable to meet the demand, in particular the demand for qualified personnel.

Some localities and industries face labor shortages, including textile-clothing, electronics assembly, wood processing, tourism, and education.

Vietnam General Confederation of Labor Vice President Ngọ Duy Hiểu stressed the need to create an enabling environment for labor market recovery and development, calling for rapid reform of wage, social security and social security policies. of social housing.

He also suggested reforming investment attraction policies to avoid the concentration of too many investment projects in one locality, which puts pressure on local infrastructure while causing labor shortages. local work.

Meanwhile, Ingrid Christensen, Director of the International Labor Organization (ILO) in Việt Nam said that after the pandemic, the clear and comprehensive solution to recovery rests on the four fundamental pillars of economic growth and employment, the protection of all workers, global social protection. security and social dialogue.

The good news is that Việt Nam is on the right track in implementing these four pillars simultaneously, she added.

Việt Nam has achieved remarkable results in modernizing labor legislation, broadening the scope of social security and improving the labor market database. The country has also made efforts to upgrade the skills of the workforce to better adapt to the changing labor market in a changing economy.

Employment and fundamental rights at work are one of the main instruments enabling individuals to integrate into society and contribute to its development. In this regard, full and effective employment, as well as freedom of choice, are among the main strategic objectives of the country’s 2030 and 2045 agendas.

Dr Makiko Matsumoto, employment specialist at the ILO office in Bangkok, Thailand, added that labor market recovery should be people-centred. Specifically, there is a need to increase the capacity of workers, strengthen institutions and promote inclusive economic growth and adequate and sustainable work for all.

HCM City People’s Committee Vice Chairman Dương Anh Đức shared the city’s experience in retaining workers. He said taking care of workers’ lives, both material and spiritual, during the pandemic has helped workers stay with their employers, enabling businesses to quickly resume operations and avoid disruptions to labor supply. VNS

Comments are closed.