Statistics indicate big problems in university education

MOLISA estimates that about 200,000 university graduates are jobless, and that the figure will not increase sharply in upcoming years but will stay the same. The Q2 Labor Bulletin released by MOLISA showed that 1.088 million people at working age had stayed unemployed by that time, an increase of 16,400 people in comparison with Q1.
Of these, 418,200 trained workers had been unemployed, accounting for 40 percent, while 191,300 workers had bachelor’s degree or higher education levels, 94,800 workers finished junior colleges and 59,100 finished vocational schools. The oversupply of graduates with bachelor’s degrees has led to a high unemployment rate of university graduates. Every year, Vietnam needs 20,000 people with bachelor’s degrees while universities produce 400,000. By 2015, Vietnam had nearly 500 universities and junior colleges, while in 2007-2013, there were only 133 universities and junior colleges. 

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