Employment Structure and Returns to Skill in Vietnam : Estimates Using the Labor Force Survey
This paper uses Labor Force Survey data to assess key aspects of the labor market in Vietnam over 2007-14. The analysis finds large growth in wage employment in the foreign-owned and domestic private sectors. However, the state sector remains a maj...
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| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/965641520866682470/Employment-structure-and-returns-to-skill-in-Vietnam-estimates-using-the-labor-force-survey http://hdl.handle.net/10986/29458 |
| Summary: | This paper uses Labor Force Survey data
to assess key aspects of the labor market in Vietnam over
2007-14. The analysis finds large growth in wage employment
in the foreign-owned and domestic private sectors. However,
the state sector remains a major employer, particularly for
workers with higher education, employing 70 percent of wage
workers with a university degree. Low-skilled occupations
dominate the stock of existing jobs, but the top growing
occupations overwhelmingly belong to high-skilled
categories. The paper notes that the high unemployment rates
of recent university graduates, which have raised concern
about a mismatch between skills and employer needs, reflect
the transition to the job market and diminish sharply as
graduates age. The returns to education in the private
sector are highest for university graduates. Finally, women
and ethnic minorities are less likely to work in wage jobs,
and those that do earn lower wages, although the wage gap
for women has declined over time. |
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