Survival analysis of unemployment duration: a case study of Vietnam

Abstract

ABSTRACT How to make own advantages when submitting applications and increase the probability of getting a job early? The target of this study is to analyse the determinants of unemployment duration and the probability of seeking a job after graduation. It is carried out by using survival analysis along with the Cox model and Kaplan–Meier estimator and based on the dataset integrated from survey data and academic data. The empirical results show that taking part-time jobs related to training majors and setting goals as well as planning to go internship early have a positive influence on the ability of students to get a job early. The results also reveal that the mother’s occupation, the type of internment enterprise, the type of work contract, and the refusal of job opportunities offered previously have a negative impact on students’ chances of escaping unemployment. The findings are the basis for students to properly assess their advantages and disadvantages. Thereby, they can determine the goal of a job that suits their capacity and have a reasonable plan combined with their efforts to achieve it. They also support companies to identify groups of potential students and build their suitable evaluation criteria in recruitment.