The labor utilization index decreased significantly in the wood processing, mining, and electrical equipment manufacturing industries...
The wood processing industry, which usually has an increased demand for labor during this time of year, has decreased by nearly 10% this year.
According to the Hai Duong Statistics Office, in January, the labor utilization index in enterprises was only 96.6% compared to the same period last month and 97.7% compared to the same period last year. The labor utilization index decreased significantly in the wood processing, mining, and electrical equipment manufacturing industries, all of which decreased by 2% or more.
The decrease in the labor utilization index in January was mainly due to the fact that businesses suffered a decrease in orders and a narrowing market, which affected production scale.
PV