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Monday, December 4, 2023

Thailand’s Unemployment Rate Drops to Four-Year Low Below 1% Due to Government Efforts During Pandemic

Thailand’s unemployment rate fell to a four-year low of less than 1% in February, thanks to government measures aimed at maintaining job security and income generation for the public amidst the pandemic. According to Deputy Government Spokesperson Traisuree Taisaranakul, only 360,000 individuals were unemployed in February, covering 58.81 million Thai citizens aged 15 and above, but not including certain groups such as housewives, students, and people with disabilities.

The deputy spokesperson attributed the low unemployment rate to the policies put in place by the administration of Prime Minister Gen Prayut Chan-o-cha. These policies were designed to help the public remain employed and generate income through a variety of measures. The continued employment rates, especially during the pandemic, are seen as a positive sign for the country’s economy, indicating that it has remained relatively stable despite the challenges posed by the pandemic.

Deedee Boon
Author: Deedee Boon

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