The employment market in the first quarter of 2026 is forecast to be positive

Quỳnh Chi |

Experts predict that the job market in the first quarter of 2026 will have many fluctuations in a positive direction.

Accordingly, positive changes thanks to the 2025 Law on Employment and the Decree on Salary Adjustment effective from January 1, 2026, focusing on increasing maximum unemployment benefits (at least 1.47 times higher than at present), supporting labor training and possibly including reforming salary policies for civil servants and public employees, towards a higher regional minimum wage, creating motivation for workers and stabilizing the employment market.

Ms. Nguyen Thi Lan Huong - former Director of the Institute of Social Labor Science said that applying the new unemployment insurance (UI) policy will help increase unemployment benefits to the maximum. The maximum subsidy will increase to at least 1.47 times (expected 1.58 times), applied according to the new formula and no longer distinguishing between the public and private sectors. Enterprises facing difficulties due to natural disasters and epidemics will be supported with labor retraining, helping to retain and improve workers' skills.

Regarding salary reform, recommendations are proposed to increase the basic salary from the beginning of 2026, with the expected allocation of a large budget for social security, salary policies, and allowances. Salary is also linked to job position, aiming to build a salary policy commensurate with position, work...

Thanks to those platforms, there will be many positive impacts on workers. They will receive better social security support when unemployed workers are better supported financially during their time looking for new jobs; Training support can create motivation for workers to improve their skills and find more suitable jobs," said Ms. Lan Huong.

At the same time, Ms. Huong also noted that the job market is increasingly strict and opportunities will be narrowing for unskilled and untrained workers. People with skills, qualifications, especially digital skills will have many good job opportunities and higher income than the general level. "This is also a factor that forces unemployed workers to study, supplement, and improve their skills if they do not want to be eliminated," said Ms. Huong.

Quỳnh Chi
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