HCM City in need of fewer workers in Q2

Recruitment demand in Ho Chi Minh City is forecast to fall by 37.33 percent in the second quarter of 2020, with only 47,000 new employees needed, according to the city’s Resources Forecast and Labor Market Information Centre (Falmi). ​
HCM City in need of fewer workers in Q2 ảnh 1Illustrative image (Photo: VNA)

HCM City (VNA)
- Recruitment demand in Ho Chi Minh City is forecast to fall by 37.33percent in the second quarter of 2020, with only 47,000 new employees needed, accordingto the city’s Resources Forecast and Labor Market Information Centre (Falmi).
Highly-skilledand trained employees account for 81 percent of total demand, the centre said.

Most of the new jobs are expected to be in e-commerce,IT, administration, healthcare, online consulting services, marketing, food processing,shipping services, textiles, fintech, and online entertainment.

Falmi Director Tran Thi Thanh Truc said that if the COVID-19 pandemic continues in the long term it will lead to a shortage of raw materials for production and difficultiesregarding consumption.

Large and labour-intensive companies are striving to maintain operations but theirraw material reserves are only sufficient for production in March or to mid-April.

Many businesses have suspended their recruitment plans or narrowed production andbusiness, she added.

Through previous surveys at 4,875enterprises in HCM City, Falmi found that an estimated 65,000 employees wereneeded in the first quarter but there were only 29,000 workers seekingemployment.

Truc added that human resources demand in Q1 fell 27.3 percent year-on-year dueto the impact of the COVID-19 pandemic, primarily in the sectors of transportation,education, accommodation and tourism, and textiles and footwear./.
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