Unemployment in Thailand
Thailand - UnemploymentThe economy looks likely to have contracted at a slower pace in Q3 than in Q2, as the easing of coronavirus-induced lockdowns should have supported an uptick in domestic activity. However, ongoing travel restrictions affecting the all-important tourism sector, supply chain disruptions and weak foreign demand are likely to have weighed heavily on the external sector. Turning to Q4, the panorama remains subdued: Business sentiment turned more pessimistic in October, and while the PMI signaled a marginal expansion in manufacturing conditions in the same month, firms reported a decline in exports, reflecting a still-weak external trading environment. In the political arena, protestors calling for the resignation of the prime minister rejected a parliament-initiated reconciliation plan on 4 November and are planning fresh rallies in coming weeks, in a continuation of unrest that is likely to dampen domestic demand in Q4.
Thailand - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Thailand Unemployment Chart
Source: Bank of Thailand and FocusEconomics calculations.
|Exchange Rate||30.11||0.17 %||Dec 30|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
June 4, 2021
Consumer prices dropped 0.93% from the previous month in May, swinging from April's 1.38% increase.
May 28, 2021
Manufacturing output fell 0.1% month-on-month in seasonally-adjusted terms in April (March: +2.2% mom).
May 26, 2021
Merchandise exports rose 13.1% annually in April, following March’s 8.5% upturn.
May 17, 2021
GDP contracted at a milder pace of 2.6% year-on-year in the first quarter, above the 4.2% contraction recorded in the fourth quarter of last year.
May 5, 2021
Consumer prices increased 1.38% from the previous month in April, accelerating from the 0.23% rise seen in March.