Despite the 25% increased salary raise by the government, Lao people are still concerned about their daily financial needs due to inflation and high cost of living.
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South Korea gives Laotians a chance to make a much higher salary as the country continues to struggle with high inflation and unemployment.
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Laos has signed on to the 2030 Agenda, a set of 17 sustainable development goals ratified by the UN in 2015.
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An influx of Chinese laborers at a potash mine in central Laos has pushed their number to about 3,000, far higher than Lao workers.
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A new law aimed at protecting the rights of both workers and employers, were submitted by the Labour ministry.
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Lao people seeks jobs in the neighboring countries, resulting in labor shortage in Laos.
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The rising cost of living and comparatively low wages are forcing thousands of Lao nationals to seek employment in other countries.
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Laos’ garment association has urged the government to reduce taxes on imported raw materials to lower production costs to make the industry more competitive.
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The organizing committee of the “Ready 4 Work” Fair 2023 is expecting a large number of participants.
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Many factories and companies in Laos have vacancies but few people are interested in working for the low pay that is offered.
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The contract specifies providing access to financing for Lao nationals to work in South Korea for a period of three years.
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