Choose economic indicators to assess the qualification of Viet Nam labor market in the trend of globalization

Abstract

For the wave of globalization that it has a strong impact on all areas of the economy, especially Vietnam is in the period of golden population, so the labor market must be paid more attention and evaluated to have suitable countermeasures. Using the quantitative research method by Stata data processing software, the article proposes are two indicators to evaluate the labor market: the degree of urbanization and the rate of high-quality labor. These two indicators ensure statistical significance less than 5% and they can explain 96,19% of the variation of the labor market.The article proposes a new scientific method to assess and measure the quality of the labor market. These two proposed indicators are built on the basis of science associated with proven practice, helping interested individuals, units and businesses to apply to assess the quality of labor for the unit and for the enterprise, for the economic zone quickly, thereby making timely countermeasures in the management process.