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Writer's pictureHoài Đức Trần

ILO: More than 22 million Vietnamese workers are at risk of employment because of Covid-19



(Author BICH TRAM, translated by TranHoaiDuc.com and sourced from Forbesvietnam.com.vn)


More than 22 million Vietnamese workers are working in high-risk areas, as the businesses they work with facing great challenges to maintain the existence and maintenance of the workforce during and after Covid-19 pandemic.


According to the ILO, most countries are currently experiencing hard times due to the world facing the Covid-19 pandemic. The measures of social blockade and separation are being applied, making the "global health crisis" fast becoming "the global socio-economic crisis."


Around the world, about 38% of the labor force working in fields is witnessing a serious decline in output, accompanied by a high risk of layoffs, reduced wages and hours.


The four areas identified as being most at risk of being seriously affected in Vietnam according to the ILO quick report include accommodation and catering services, manufacturing, wholesale and retail trade, real estate and business activities.


These sectors are employing more than 22.1 million people, or about 41% of Vietnam's total employment, according to ILO calculations based on the results of the 2018 Labor force survey. Meanwhile, 41% are female workers.


It is noteworthy that these are labor-intensive, low-skilled and low-paid workers and are also the main sectors of female labor.


“It means that the crisis caused by the Covid-19 pandemic was more severe for vulnerable workers and female workers. This also has important implications for policy makers, businesses and workers in Vietnam, ”according to the ILO.


The ILO recommends that government assistance packages be designed to focus on high-risk workers, especially female workers. At the same time, go to the businesses that make the most efforts to retain workers and minimize layoffs.


This approach will encourage businesses to make efforts to retain people, slow down the dismissal process, reduce social shocks and maintain workers' productivity for faster recovery after the post-production period. Covid-19.


According to the Ministry of Planning and Investment's forecast, there are about 2 million jobs in Vietnam at risk of being affected by the Covid-19 epidemic. The Vietnam Chamber of Commerce and Industry (VCCI) also estimates that 50% of businesses in Vietnam will only survive a maximum of 6 months if the economic crisis caused by the Covid-19 pandemic does not improve.


According to ILO estimates, partial or comprehensive blockade measures have affected 2.7 billion workers, or 81% of the global workforce. The Covid-19 pandemic will also lose 6.7% of total global working hours in the second quarter of 2020, or 195 million full-time jobs.

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