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Talent Solutions - APAC QMR Q2 2023 | 51 Vietnam a s a s a s a s a s a s a a a a Latest Available Data Q2 2023 Total Labor Force (000s) 56,203 Employed Workers (000s) 54,938 Unemployed Workers (000s) 1,265 Unemployment Rate 2.3% ▪ 19% of the Labor force is 55 years+. ▪ Retirement age for men is 60 years and 6 months and for females is 55 years and 8 months. ▪ The number of participants 25-34 years in the Labor force has decreased by 11% compared with Q1 2019. Over the same time, participants in the 55-64 years age group has increased by 15% while the 65 years+ has increased by 37%. ss a s s s s s s s Acc s a i s i i a i i s a s Workforce Statistics Age Profile of Labor Force Labor Force Participation Rates by Age and Sex Number of Participants in Labor Force By Age (000s) Distribution of Status in Employment Duration of Unemployment – 25 years+ https://www.gso.gov.vn ILOSTAT