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Unemployment rate in second quarter reaches record high in 10 years

by VTV423 July 2020 Last updated at 16:08 PM

(Image for illustration)
(Image for illustration)

VTV.vn - According to the General Statistics Office, in the second quarter of 2020, the unemployment rate in the labour force has reached 3%, a record high for the last 10 years.

Specifically, the unemployment rate in urban areas accounted for 4.6% in the second quarter of this year, which is higher than last year's figure of 3.1%. Meanwhile, the unemployment rate in rural areas only accounts for 1.8%, lower than the national average.

According to analysts, COVID-19 is the main reason for this as the pandemic has caused many factories and businesses to suspend their activities, leading to the disruption of the supply chain.

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