Unemployed graduates ‘still at acceptable level’

An education official in Vietnam said the number of university graduates who are jobless must not discourage students from pursuing higher education, reports VietNamNet Bridge.

Nguyen Thi Kim Phung, director of the University Education Department, said Vietnam has 90 million people and 60 million workers. A report from the Ministry of Labour, Invalids and Social Affairs said that in 2014, Vietnam had more than five million workers with higher education (7.3%), and 200,000 of them were unemployed, or 4%.

However, Phung said the situation would be serious only if the unemployment rate was 5% or higher, while a low unemployment rate would only create competitive impetus for employees and training establishments. To some extent, this brings positive effects.
Full report on the VietNamNet Bridge site