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Story perspectives

India's Labor Growth vs. Vietnam's Low Unemployment: A Comparison

10/8/2025

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Story summary
  • India's Labour Force Participation Rate is 54%, rising with non-farm jobs. Female participation remains 25-30%, informal employment over 80%, and skill mismatches persist.
  • Skill India Mission and Atmanirbhar Bharat boost employability.
  • Vietnam's unemployment rate is 2.22% with a 53.3 million labor force, signaling recovery.
  • Average monthly income in Vietnam is 8.4 million VND, with a gender pay gap favoring men.