Workers’ average monthly income continues to grow in Q3

October, 07/2022 - 08:15
Figures revealed at a conference on Thursday showed that workers’ average monthly income in most economic sectors in the third quarter of this year stood at VNĐ6.5 million (US$272.2), an increase of VNĐ143,000 compared to the previous quarter.
Workers at Đức Giang Garment Company Limited in Long Biên District in Hà Nội. — VNA/VNS Photo Trần Việt

HÀ NỘI — The average monthly income of workers in most economic sectors continued to increase and the unemployment rates declined in the third quarter of this year, according to the General Statistics Office (GSO).

Figures revealed at a conference on Thursday showed that workers’ average monthly income in most economic sectors in the third quarter of this year stood at VNĐ6.5 million (US$272.2), an increase of VNĐ143,000 compared to the previous quarter.

This number had a strong growth rate, up to 30.1 per cent or VNĐ1.6 million ($67) compared to the same period last year when the COVID-19 pandemic spread in many localities.

The GSO also reported the average income of employees in the first nine months of this year was VNĐ6.6 million ($276.4), a sharp increase of VNĐ727,000 or 12.4 per cent compared to the same period in 2021.

The country's economy has continued to record positive signs. The number of employed people increased compared to the previous quarter and the same period last year.

The number of employed people aged 15 and over reached 50.8 million, an increase of over 255,000 people compared to the previous quarter and 3.5 million people over the same period last year.

The number of underemployed people in the age group was about 871,000, down more than 10,000 people compared to the previous quarter and over 993,000 people compared to the same period last year.

The underemployment situation of workers continued to improve. However, it was still higher than the same period before the COVID-19 pandemic.

Unemployment continued to have a downward trend compared to the previous quarter and the same period last year. The number of unemployed people of working age during this period was over 1.6 million, down nearly 14,000 compared to the previous quarter and 658,000 compared to the same period last year.

According to the GSO, in the past nine months, Việt Nam's economy has witnessed a strong recovery in all economic sectors and workers' lives are improved. The average income of workers increased well in all three economic sectors.

The income of salaried employees was VNĐ7.5 million ($314), an increase of VNĐ805,000 or 12.1 per cent over the same period in 2021. Salaried workers in urban areas had an average income 1.24 times higher than those in rural areas. — VNS

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