Thailand’s Unemployment Rate Fell In Q2

BANGKOK, Thailand’s unemployment rate dropped to 1.37 percent in the second quarter of 2022, from 1.53 percent in the previous quarter, official data showed yesterday.

The rate was the lowest since the COVID-19 pandemic started, fuelled by the continuing economic recovery, the Office of the National Economic and Social Development Council, said, yesterday.

The number of people in the labour force amounted to 39 million, in the second quarter of 2022, representing a 3.1 percent year-on-year increase, mainly due to a growth in non-agricultural employment, such as, in retail and transportation, according to the report.

The working hours have also increased steadily, approaching the pre-pandemic level, the report said.

However, the agency noted that, employment in both the construction industry and hotel/restaurant industry has decreased, due to economic uncertainties and slow recovery of the tourism industry.

The report also indicated a labour shortage in the near future, as the country’s economy is improving.

Source: Nam News Network

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