“Vietnam: Graduate unemployment and ‘over-education’ rising” by Hiep Pham

Reposted from the 13 July 2013 edition of University World News.

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As a new batch of graduates emerged from Vietnam’s universities in recent weeks, the country was facing twin problems of increasing unemployment among young people and a phenomenon of ‘over-education’ – graduates who fail to find jobs that use their skills.

By October last year, Vietnam already had 165,000 unemployed graduates, or some 17% of the overall jobless total.

A report by Ho Chi Minh City’s Centre for Forecasting Manpower Needs and Labour Market Information predicted in a report released in May that only half of those who graduated this June would be able to secure a job within a few months.

But problems in matching graduates to jobs and of youth unemployment in general have been apparent since the country’s economic slowdown in 2010.

Follow this link to read the rest.

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