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Labour Ministry inks deal with private company on unemployment database

The Ministry of Labour and Social Welfare expects to work more closely with the private sector to collect information about the number of people who are unemployed and to register them in a database.

The signing ceremony was attended by Deputy Minister of Labour and Social Welfare Mr Phongxaysack Inthalath, Vice President of the Lao Federation of Trade Unions, Mr Vilay Vongkhaseum, and Vice President of the Lao National Chamber of Commerce and Industry, Dr Xaybandith Rasphone, together with invited guests from international organisations and the business sector.

The goal of collecting these information is to compile a pool of available workers who would be able to meet the needs of the current job market and to match them with employers’ requirements.

Following the impact of the pandemic, numerous businesses have been forced to suspend their operations, leaving a huge number of people unemployed and causing a direct impact on socio-economic development.

Now, the ministry has signed a cooperation agreement with a private company on the compilation of a database that would help to resolve the unemployment crisis and enable more people to be placed in jobs.

To ensure that this is efficiently carried out, the ministry’s Department of Labour Skill Development and Employment on Thursday signed a Memorandum of Understanding with Mahanakhone IT & Service Sole Company Limited.

The department’s Director General, Ms Anousone Khamsingsavath, signed the MOU together with the CEO of Mahanakhone IT & Service Sole Company Limited, Mr Khamphan Souphab. The agreement spells out a cooperation framework between the two parties, aimed at helping returning migrant workers and other people who are out of work to find jobs with various companies and development projects. It is hoped that the partnership will result in a gradual reduction in the current unemployment rate, and ease the financial hardship currently being experienced by many families.

Under the agreement, the two parties will work together to create a database of unemployed people, assess potential areas of unemployment in the job market, and encourage people who are unemployed to register which aims to place those people into appropriate jobs, thus benefiting both employers and employees. The two parties will also work together to improve existing employment platforms that have been developed by the Department of Labour Skill Development and Employment to make them more effective and accessible.

Source: Vientiane Times