Wednesday , February 8 2023

Jobs pay 16% higher average income in 2022

The monthly income of people in jobs averaged VND6.7 million (US$283.8) last year, up 16%, from 2021, the General Statistics Office said Tuesday.

Incomes rose in all sectors as growth was broad-based.

The biggest rise, of 17.6% and equivalent to more than VND1.1 million, was in industry and construction.
It was followed by services (15.4%, VND1 million) and then agriculture-forestry-fisheries (9.8%, VND448,000).

Salaried employees received an average of VND7.5 million, up 15.1% and equivalent to VND992,000.

Male employees averaged VND8 million, 14% higher than that of their women colleagues.

Employees in urban areas earned VND8.4 million, 23% higher than that of their rural peers whose income averaged VND6.9 million.

Last year the number of unemployed people of working age was nearly 1.07 million, a decrease of more than 359,000 from 2021, for a jobless rate of 2.32%.

There was a sharp increase in the number of underemployed and laid-off workers in the final months of 2022 as many factories, especially in the garment and textile, footwear and wood processing industries, had no orders due to the global economic meltdown and high inflation.

This situation could persist through the first quarter and even the beginning of the second quarter of this year, the office said.

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