Vietnam Youth Unemployment Rate

Youth Unemployment Rate in Vietnam increased to 6.40 percent in the second quarter of 2019 from 6.29 percent in the first quarter of 2019. Youth Unemployment Rate in Vietnam averaged 6.77 percent from 2011 until 2019, reaching an all time high of 7.86 percent in the third quarter of 2016 and a record low of 5.09 percent in the second quarter of 2014.

Youth Unemployment Rate in Vietnam is expected to be 7.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Vietnam to stand at 7.20 in 12 months time. In the long-term, the Vietnam Youth Unemployment Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

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Vietnam Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	2.16	2.17	4.50	1.81	percent	[+]
Employed Persons	54.36	54.32	54.58	23.50	Million	[+]
Unemployed Persons	1.10	1.11	2.30	0.80	Million	[+]
Minimum Wages	4180.00	3980.00	4180.00	1000.00	VND Thousand/Month	[+]
Population	94.67	93.68	94.67	34.74	Million	[+]
Retirement Age Men	60.00	60.00	60.00	60.00		[+]
Retirement Age Women	55.00	55.00	55.00	55.00		[+]
Wages	5622.00	5788.00	5788.00	1399.00	VND Thousand/Month	[+]
Wages High Skilled	10825600.00	10960700.00	11876600.00	10160800.00	VND/Month	[+]
Wages In Manufacturing	5524.00	5760.00	5760.00	2871.00	VND Thousand/Month	[+]
Wages Low Skilled	5372100.00	5040600.00	6981300.00	5040600.00	VND/Month	[+]
Youth Unemployment Rate	6.40	6.29	7.86	5.09	percent	[+]
Labor Force Participation Rate	76.60	76.70	77.50	76.40	percent	[+]
Living Wage Family	7763600.00	7633800.00	8250400.00	7633800.00	VND/Month	[+]
Living Wage Individual	4752300.00	4693900.00	5258200.00	4693900.00	VND/Month	[+]

Vietnam Youth Unemployment Rate

This page provides - Vietnam Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6.40	6.29	7.86	5.09	2011 - 2019	percent	Quarterly

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Country	Last		Previous	Range
South Africa	56.40	Jun/19	55.2	56.4 : 48.8	%
Spain	32.40	Jun/19	32.7	55.9 : 17.2	%
Italy	28.10	Jun/19	29.7	43.4 : 19.4	%
India	23.70	Dec/18	23.1	23.7 : 22.9	%
Turkey	23.30	May/19	23.2	28.6 : 11	%
France	20.10	Jun/19	20	26 : 14.5	%
Euro Area	15.40	Jun/19	15.6	24.8 : 14.8	%
Australia	11.90	Jul/19	12.1	20.1 : 7.6	%
Canada	11.40	Jul/19	10.7	20.7 : 10	%
United Kingdom	11.30	May/19	11	22.3 : 9.7	%
South Korea	9.70	Jul/19	10.5	13.4 : 3.8	%
United States	8.50	Jul/19	8.1	19.5 : 7.8	%
Netherlands	6.70	Jul/19	6.5	17.7 : 6.2	%
Germany	5.50	Jun/19	5.5	15.9 : 5.5	%
Japan	3.80	Jun/19	3.8	10.9 : 1.6	%
Switzerland	2.10	Jul/19	1.9	5.7 : 1.4	%