The Ho Chi Minh City Department of Home Affairs shared this data on June 5 during a press briefing on the city’s socioeconomic situation.

According to Luong Thi Toi, Deputy Director of the department, from the beginning of the year to May 31, 2025, the city issued unemployment benefit decisions for 45,820 individuals and vocational training support decisions for 875 people.

Among them, nearly 22,400 unemployed individuals are under the age of 35, accounting for 49.06% of the total. Notably, 9,297 of them hold a university degree or higher, making up 20.02%.

Compared to the same period in 2024, this unemployment rate has decreased by 15%. However, the labor market remains volatile.

According to Toi, a significant proportion of young unemployed workers is due to job-hopping trends, driven by the search for more suitable working environments, high workplace stress, or lack of a clear career direction.

Additionally, Ho Chi Minh City is home to many major universities and attracts a large number of students annually, intensifying job market competition, especially for new graduates.

To address the unemployment issue, the city’s Employment Service Center has organized job fairs in both online and in-person formats, ready to connect employers with job seekers.

Since the beginning of the year, the center has hosted 33 job fairs, providing employment consultations to nearly 110,000 people and helping more than 16,000 people secure jobs.

The Department of Home Affairs forecasts that the labor market will continue facing challenges in the third quarter. Demand will remain high in the service and key industrial sectors, with increasing needs for highly skilled workers, reflecting the economy’s shift toward commerce and digitalization.

Toi noted that this labor migration trend has caused significant human resource disruption in labor-intensive sectors such as textiles, footwear, wholesale, and retail. As a result, many businesses are forced to constantly recruit large numbers of workers or ask staff to work overtime to meet business targets and fulfill partner orders.

“To maintain a stable workforce, several businesses in Ho Chi Minh City have adjusted by increasing base salaries and improving employee welfare. Some even offer housing, transportation allowances, or performance-based bonuses to retain workers,” Toi added.

Tran Chung