Labor - Employment

What is the average monthly income of workers?

PV October 6, 2024 09:48

Average income of workers in the third quarter of 2024 reached 7.6 million VND/month, an increase of 176,000 VND compared to the previous quarter.

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Average income of workers in the third quarter reached 7.6 million VND/month

According to the General Statistics Office, the country's labor force aged 15 and over in the third quarter of 2024 is estimated at 52.7 million people, an increase of 114.1 thousand people compared to the previous quarter and an increase of 238.8 thousand people compared to the same period last year.

In the first 9 months of 2024, the labor force aged 15 and over was 52.5 million people, an increase of 210.6 thousand people over the same period last year; the labor force participation rate was 68.5%, a decrease of 0.4 percentage points.

In addition, the number of employed workers also increased by 114.6 thousand people compared to the previous quarter and increased by 244.6 thousand people compared to the same period last year. In the first 9 months of 2024, the number of employed workers was 51.4 million people, an increase of 212 thousand people compared to the same period last year.

On the other hand, the unemployment rate among working-age people was 1.87%, down 0.19 percentage points from the previous quarter and the same period last year. In the first 9 months of 2024, the unemployment rate among working-age people was 1.99%, down 0.03 percentage points from the same period last year.

The statistics agency also said that the unemployment rate among working-age people continued to decrease, showing optimistic signals from the economy.

Notably, the average income of workers in this quarter was 7.6 million VND/month, an increase of 176 thousand VND compared to the previous quarter and an increase of 519 thousand VND compared to the same period in 2023. In the first 9 months of 2024, the average income of workers was 7.6 million VND/month, an increase of 7.4%, equivalent to an increase of 519 thousand VND compared to the same period last year. People's lives remain stable.

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What is the average monthly income of workers?