Happy Landlord
The once quiet rental rooms of Ms. Do Thi My (65 years old, landlord of Tan Tao ward, Binh Tan district) are now filled with vacant rooms. For about 3 months now, Ms. My no longer has to struggle to post ads looking for tenants. “The factory is back in operation, the workers have also found jobs, so the rooms I rent out are all occupied. The difficult times are now gradually stabilizing,” Ms. My said.
According to Ms. My, after the COVID-19 pandemic, alley 58, street number 5, Tan Tao A ward, Binh Tan district - once known as the "capital of workers' dormitories" - was deserted. At that time, the "room for rent" signs sometimes exceeded the number of tenants. Many signs had been hung for a long time and had faded due to wind and rain, so the landlord took them down, painted them dark, and then hung them again.
“The boarding house business is gradually improving, and I feel more excited. Although this place is no longer as crowded as before the COVID-19 pandemic, I hope that in the future the boarding house will be bustling again,” Ms. My hopes.
Ms. Dinh Thi Thu Giang (a landlord in Tan Tao ward, Binh Tan district) also expressed her excitement when 22 of her rented rooms were rented. Ms. Giang said that the wave of many businesses cutting staff in February 2023 caused many people to be unable to stay, and groups of workers returned to their hometowns. "At that time, I hung up a sign for many months, reducing the rent but no one came to rent," Ms. Giang said.
However, in recent months, Ms. Giang’s boarding house has become more bustling as workers have come to rent again. According to Ms. Giang, currently some companies near the boarding house have stabilized their operations and increased recruitment, thus attracting workers to come work.
"The number of vacant rooms has decreased by about 60-70%, I feel happy" - Ms. Giang expressed and said that currently, rooms for rent in this area cost about 1 million VND/month, suitable for the living conditions of workers in Ho Chi Minh City.
Good news as companies receive orders again
The Center for Human Resources Demand Forecasting and Labor Market Information of Ho Chi Minh City said that the labor market in the third quarter of this year was more active than the same period last year, with human resource demand for production and business activities in various fields and industries increasing by 2.61%.
Through a survey of more than 19,400 businesses and more than 71,700 jobs, it shows that the demand for human resources is mainly concentrated in the trade-service sector with nearly 53,000 jobs, accounting for 73.66% (up 2.6% over the same period in 2023); the industry-construction sector with more than 18,000 jobs, accounting for 25.16% (down 1.87%), the agriculture, forestry and fishery sector with 847 jobs, accounting for 1.18% (up 5.95%).
According to the representative of Binh Tan District Labor Federation, recently many factories in industrial parks in the district, especially PouYuen Company, have resumed recruiting, leading to an increase in the labor rate.
“Large units in the district have returned to receiving orders, and there are even orders prepared for June next year. Therefore, the demand for labor recruitment in the district has become active again, although it is still not as high as before the COVID-19 pandemic,” said a representative of the Binh Tan District Labor Federation.
