According to a study from the National Statistical Office (NSO), the jobless rate at the end of February was 0.9%, down from 1% at the same time last year, according to Trisulee Trisaranakul, a deputy government spokeswoman.
According to her, the jobless rate hasn’t fallen below 1% in the NSO’s poll in nearly four years. The most recent instance occurred in October 2019, when Thailand was experiencing typical growth and a robust tourism industry before being affected by the Covid-19 outbreak in early 2020.
According to the NSO data, out of the 58.81 million Thais over the age of 15, 40.49 million are employed. Students, stay-at-home mothers, and disabled people make up the other 18.32 million people who are not employed.
By the end of February 2023, there were 39.91 million employed persons, up from 39.81 million at the end of 2022, according to the NSO. 360,000, or 0.9%, of the 40.49 million persons in the labor force were unemployed at the end of last year, down from 390,000, or 1%.
The NSO claimed that because the remaining 220,000 were seasonal employees, they could not be categorized as unemployed.
Trisulee also mentioned the government’s goal of increasing employment to pre-Covid levels and said Prime Minister Prayut Chan-o-cha had developed strategies to that end.She continued by saying that while the goal is to sustain development and stability, the government has been attempting to revive the economy without taking too many severe actions.
