Economic Indicators

Thailand’s employment growth rises in Q4 on increased tourism


FILE PHOTO: A woman works in a restaurant in Bangkok, Thailand September 11, 2023. Thailand’s new government approved a raft of policies to lower the cost of living, suspend farmers’ debts, draw more tourists and boost incomes. REUTERS/Jorge Silva/File Ph

BANGKOK (Reuters) – Thailand’s employment rose 1.7% in the final quarter of 2023 from a year earlier, after a 1.3% year-on-year increase in the previous quarter, the state planning agency said on Monday, helped by the tourism sector.

The jobless rate dropped to 0.81% in the October-December period versus 0.99% in the prior three months, the National Economic and Social Development Council (NESDC) said in a statement.

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