Remarkable improvements of the Labor market in the fourth quarter of 2023

The labor market has been seeing positive signs. Thanks to the increasing indexes of many occupations in the last three months of 2023, recruitment rates rose, thereby leading to more job opportunities for employees.

students attend job fair, hr experts giving advises about future career Businesses attend job fair events to look for workers.

According to the latest labor market news, employment activities in the first nine months of 2023, which was reported by the Ministry of Labor, War Invalids, and Social Affairs, have continued to recover. As a result, the recruitment demand is still higher than the number of workers who lost their jobs.

To be specific, employed staff nationwide reached 51.2 million people, an increase of 776,000 people over the same period last year. Among that, the urban area has 19 million people, an increase of 321,600 people over the same period last year; And rural areas have 32.2 million people, an increase of 454,300 people.


Employed workers in terms of economic sectors.

The demand for labor recruitment of businesses in the first months of 2023 is still higher than the number of unemployed workers. Along with that, the number of newly established enterprises is also superior to the number of businesses quitting the market, thereby contributing to creating many jobs for workers.

According to the Hanoi Employment Service Center, the city’s socio-economic situation recently continues to maintain growth momentum. Agricultural and forestry production, trade, and service activities are not only vibrant, but also recover quickly in all sectors, thereby attracting foreign investment with positive signs. Thanks to this trend, the labor market continues to have positive signs.


Enterprises promote production and business activities

Since the last two months of the year are the time of festivals and holidays, businesses step up production and business activities to keep up with orders, leaving a positive impact on recruitment trends, especially part-time positions.

Besides industry and manufacturing, other fields such as construction, finance, banking, and offices also tend to increase hiring rates. In the field of information technology, in particular, recruitment demand continues to escalate.

About NIC Global

nic global's staff in uniform. they gather to take pictureNIC Global – Human Resource Solutions JSC

Recently, NIC Global has gradually implemented digital and technological transformation to increase competitiveness and flexibility. To adapt to difficulties, market pressures, and customer needs. In today labor market, NIC Global is proud to have contributed to the success of Vietnam’s labor industry. With attractive and diversified job vacancies, NIC Global has brought a large number of job opportunities to workers nationwide.


Current NIC Global vacant positions:

Sales Logistics leader:

Spare parts department staff:

Lexus department staff:

Japanese-speaking assistant:

Financial analyst:

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