School: Hanoi University (HANU, km9 Nguyen Trai, Thanh Xuan, Ha Noi, Vietnam) Department: Tourism Management Subject: Macroeconomics Presenter: Nguyen Minh Duc Outline: 1. Theory 2. Overview 3. Causes 4. Effects

1. Tutor: Mrs. Trang Le
Students: Nguyen Thu Hanh
Nguyen Cao Ky
Do Ha Thu
Nguyen Minh Duc

2. Causes and Effects of
Unemployment in Viet Nam
• Theory
• Overview
• Causes
• Effects

3. Theory

4. Overview
• Unemployment rate relatively low (2.1% in January 2015)
• Anyone who can find a job that meets their basic needs is
classified as employed
 Unemployment rate in reality much higher

5. • In 2015, there has been more than 52.5
million people in workforce
• The unemployment rate in urban area: 3.17%
• The unemployment rate in rural area: 1.75%

6. • The unemployment rate among highly-
qualified people accounts for 4.39%
• Group from 20-24, unemployment rate is
20.75%

7. Causes

8. Frictional unemployment
• New graduators and migrant workers hope for
high-salary jobs

9. Unemployment policies

10. Structural
Unemployment
• Trendy education  Unbalance

11. • Urbanization & Increase in industrial areas

12. Cyclical Unemployment
• Seasonal Jobs
• Economic crisis in 2008

13. Effect
• Economic
• Social
• Unemployment not always bad

14. Economic
• Lack of Income
 Prevent Economic
development
• Unsustainable
growth  Less
Foreign Investment

15. Social
• Negative emotions
 Health Problems + Violence
• Crime

16. Unemployment not always bad
• Inversed relation between Unemployment and
Inflation in short run
• Raise competitiveness among employees  Higher
productivity and profit

17. Summary
• Unemployment Theory
• Overview
• Causes
– Frictional Unemployment
– Structural Unemployment
– Cyclical Unemployment
• Effect
– Economic
– Social