330,000 new jobs expected next year in HCM City

Labourers looking for a job at a job fair held in HCM City. — VNA/VNS Photo Hoàng Tuyết

HCM CITY — Some 330,000 job vacancies are expected in HCM City next year, according to the latest survey of the city’s Human Resources Forecasting and Labour Market Information (Falmi) Centre.

The survey was conducted at more than 64,100 local firms.

Of that figure, more than 88 per cent of the jobs will require trained employees.

In the first quarter of 2025, the city will need about 84,000 workers for jobs in marketing, sales, market research, advertising, logistics, tourism services, restaurants-hotels, packaging, electricians, housekeeping, and security.

For the second and third quarter, the city will need 162,500 additional workers and another 83,500 for the fourth quarter.

The commerce and service industries account for 67.7 per cent of hiring needs, with the industry and construction sectors, and agricultural, forestry and fisheries sectors coming in second and third.

The centre advised job seekers to maintain a professional working attitude and work ethics, while also arming themselves with professional knowledge, professional abilities and soft skills relevant to the job role.

Employees must also stay current with emerging technologies and enhance their proficiency in foreign languages and information technology.

The city plans to improve the quality of vocational education and training to meet development needs.

In response to the city's slowing labour productivity growth, the HCM City People’s Committee has issued a labour and employment strategy for the 2023-25 period, with a vision to 2030.

The strategy aims to increase labour performance in the city compared to the national average and to answer the need to restructure key economic sectors in strategic areas.

This move is considered a sustainable and fundamental solution, and is expected to have a multifaceted impact on the city's labour market, and regional and national labour markets.

The strategy recognises that the labour market must adapt to the profound global shifts that are currently underway.

As the emerging core values of the economy revolve around the twin pillars of "green" and "digital", the labour market cannot remain immune to these transformations. — VNS