City grants $10.3 million unemployment benefits to residents

The Ho Chi Minh Employment Agency has announced that it will spent VND205.7 billion (US$10.3 million) of unemployment benefits on the unemployed during 2011.

There were 58,712 unemployed people registered for unemployment status in 2010, said the agency.

The agency also said that 4,900 people were granted unemployment allowance per month In particular, the number of unemployed persons in July is one of the highest, with over 7,000 more people registered.

Furthermore, it is estimated that nearly 1,486,000 laborers have received unemployment insurance in the city; and according to an analysis, the rate of unemployed women is 58.2 percent.

By H.Thu, translated by Thanh Huong

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