Workers struggle with falling pay

August 10, 2023

HCMC – The majority of workers are grappling with growing difficulties in covering their basic needs with their current incomes, according to a recent report. The report, focused on employment, wage, expenditure and life quality of workers in 2023, showed that some groups of workers are earning a mere 45% of what is essential for meeting their basic expenses. The survey delved into the financial landscape of these workers, revealing concerning statistics. A mere 8.1% can save from their incomes, underscoring the widespread struggle to build a financial cushion. Another alarming issue surfaced from the survey: workers’ dependence on borrowing.

The source of this news is from The Saigon Times