Inadequate minimum wage deepens economic woes in Laos, fuelling labour shortages, school dropouts

VIENTIANE (Laotian Times): Laos is grappling with growing economic and societal challenges as the current minimum wage, deemed inadequate by both workers and business owners, exacerbates labor shortages and increases school dropout rates nationwide.

In 2023, a report from the Ministry of Sports and Education revealed that out of over 49,000 high school graduates, fewer than 10,000 pursued university education, highlighting a troubling gap in higher education enrollment.