Employment for the older persons
Workshop Findings and Discussion on “Promoting the employment of the elderly in the context of population aging in Vietnam”

Opening remarks of the workshop with online and offline participants

HSF

The level of employment among older persons, including those above retirement age is a concern in many countries. With an increase from 12% of the older population in total Vietnamese population in 2020 to 20% in less than two decades, this increasingly visible demographic change in will simply require specific policies for the employment of the elderly concerning their social and economic perspectives. In this context, HSF has been supporting ILSSA in conducting a study on the status quo and potential solutions for senior workers in the labour markets, which applied both secondary data and original research approaches. One of the key findings of the study points to challenges for older persons in joining the labour markets including lack of qualifications, health issues, age discrimination and low demand of hiring from the employers. Moreover, it questions whether the current policy system related to the use of older persons is sufficient and urges the need for supporting programmes such as loan package. Finally, policy recommendations for creating jobs for older persons are proposed with an emphasis on financial support and self-employed businesses.

Statistics of jobs for older persons in Vietnam

HSF

In addition to disseminating research findings, the workshop hosted by ILSSA, and HSF provided a multistakeholder platform for representatives from relevant ministries, research institutes, and universities. Comments on the findings and relevant discussions cantered on current job markets for older people are constructive and beneficial. Participants also shared their thoughts on governmental responses and potential political solutions, particularly those related to improving social protection and social inclusion for older people. These discussions and comments gathered valuable information and practical insights for the study's completion, which will ensure income security for senior citizens and national economic growth of Vietnam.