Vietnam Unemployed Persons - Forecast

Unemployed Persons in Vietnam is expected to be 1.10 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Vietnam to stand at 1.00 in 12 months time. In the long-term, the Vietnam Unemployed Persons is projected to trend around 1.30 Million in 2020, according to our econometric models.


Forecast Data Chart
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Vietnam Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.01 2.1 2.2 2.3 2.4 2.6
Employed Persons 54.1 54.4 54.3 54.6 54.7 55.6
Unemployed Persons 1.11 1.1 1.2 1.1 1 1.3
Minimum Wages 3980 3980 3980 4210 4210 4450
Population 95.5 96.4 96.4 97.1 97.1 98.4
Retirement Age Men 60 60 60 60 60 62
Retirement Age Women 55 55 55 55 55 58
Wages 5066 5500 5460 6200 5900 6900
Wages High Skilled 11409900 12100000 12100000 12300000 12300000 12900000
Wages In Manufacturing 4999 5210 5820 6100 5900 6750
Wages Low Skilled 4851300 4901300 4901300 4927000 4927000 5207510
Youth Unemployment Rate 7.3 7.5 7.9 8.1 8.4 8.5
Labor Force Participation Rate 76.9 77.2 77.2 76.8 76.8 77.8
Living Wage Family 7475300 7500000 7500000 7580000 7580000 7800000
Living Wage Individual 4131400 4150000 4150000 4220000 4220000 4300000