May 17, 2024
Thailand's Unemployment Rate Climbs with 410,000 People Out of Work
Thailand's unemployment rate rises with 410,000 people out of work in the first quarter. Highly educated individuals top the list of the jobless. Reasons for unemployment varied, with quitting jobs being the most cited reason. The overall number of employed workers dropped due to a decline in agricultural workers. Non-farm employment has increased by 2.2% driven by growth in the hospitality and restaurant sectors. The Thai government plans to launch the OFOS project in June, aiming to generate 20 million employment opportunities.