Unemployment in Thailand is likely to soon return to normal low levels, due to an economy recovery triggered by government spending, says Finance Minister Korn Chatikavanij. The rise in unemployment early this year resulted mainly from company layoffs as orders plunged, he said. The number of unemployed is estimated to have touched 1 million early this year but has since eased to 440,000 – close to Thailand’s normal level of about 350,000.
Korn sees employment returning to normal
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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