Laos job market continues to evolve amid high cost of living

The prices of various types of consumer goods, whether in stores or fresh markets, remain high despite a moderate decrease in the inflation rate last month. - VT

VIENTIANE: Inflation in Laos is undermining living standards and reshaping the labour market, according to the latest World Bank Household Monitoring Survey.

As prices rise, more individuals are entering the workforce, but with wages failing to keep pace with inflation, many are turning to self-employment or seeking work abroad to support their families.