Jobs pay 16% higher average income in 2022
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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.
The office said this situation could persist through the first quarter and even the beginning of the second quarter of this year.
Questions & Answers
Q.Which sector saw the largest percentage increase in average income last year?
Which sector saw the largest percentage increase in average income last year?
The industry and construction sector experienced the biggest rise, with a 17.6% increase in average income. This amounted to more than VND1.1 million during the period.
Q.What was the average income difference between employees in urban and rural areas?
What was the average income difference between employees in urban and rural areas?
Employees in urban areas earned an average of VND8.4 million, which was 23% higher than their rural counterparts. Rural employees had an average income of VND6.9 million.
Q.How did the number of unemployed people change from 2021 to 2022?
How did the number of unemployed people change from 2021 to 2022?
The number of unemployed people of working age decreased by over 359,000 from 2021 to 2022. The total number of unemployed people last year was nearly 1.07 million.
Q.Why did the number of underemployed and laid-off workers increase at the end of 2022?
Why did the number of underemployed and laid-off workers increase at the end of 2022?
The increase was due to many factories, particularly in garment and textile, footwear, and wood processing, having no orders. This was attributed to the global economic meltdown and high inflation.
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