Macro factors affecting unemployment in Vietnam

Abstract

The unemployment is one of the important indicators assessing
strength of an economy. Accurate perception and rational use of this indicator makes
sense important in surveying and assessing the state of sustainable, comprehensive
economic development. The unemployment is affected by many different factors,
both subjective and objective, both micro and macro. However, this study only
focuses on analyzing macro factors affecting unemployment in Vietnam in the
period 1986 - 2021. The results of quantitative analysis show that macro factors such
as population, investment foreign direct investment, inflation rate, gross domestic
product growth rate and government spending rate affect unemployment rate.