200,000 unemployed university grads still at acceptable level: educators

The number of university graduates who are jobless must not discourage students from pursuing higher education, Nguyen Thi Kim Phung, director of the University Education Department, has said. Phung said Vietnam has 90 million people and 60 million workers. A report from MOLISA said that in 2014, Vietnam had more than 5 million workers with higher education level (7.3 percent), and 200,000 of them were unemployed, or 4 percent. However, Phung said the situation would be serious only if the unemployment rate is five percent of higher, while a low unemployment rate would only create competitive impetus for employees and training establishments. To some extent, this brings positive effects.

Keep reading