HCM City job market on road to recovery

The labour market in HCM City is expected to stabilise by year-end as the economy recovers steam, according to the city's Centre for Forecasting Manpower Needs and Labour Market Information.

The centre forecasts that companies and enterprises in the city will need about 60,000 employees in the last quarter.

Most of them are in the fields of retail, marketing, services, food technology, tourism-hospitality, logistics, information technology, engineering and electronics.

Of the 60,000 employees, 10,000 will be for companies and enterprises at the city's industrial parks and export processing zones with most of them being in the fields of garment-footwear, food technology and electronics.

The city will also need 30,000 more employees for seasonal jobs by the end of the year.

According to the centre, the need of human resources at companies and enterprises in the city in the third quarter rose by 11.4% compared to the second quarter.

Increased demand was in many fields, including retail, services, marketing, communications, graphic design, information technology, real estate, logistics and electronics-electricity.

New graduates from vocational schools, colleges and universities in HCM City had many chances to find jobs in the third quarter, said Tran Anh Tuan, the centre's standing deputy head.

The need for employees without work experience in the quarter accounted for 41%, he said.

The salary for employees without work experience was VND4-6 million (US$190-285.7) per month.

Companies and enterprises offered salaries of VND5-10 million ($238-476) per month for employees with less than five years of work experience and VND10 million and above for those with more than five years of work experience.

The initial salary for manual workers was about VND3-4 million per month. 

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