Thai Unemployment Rate Dips Below 1% in February

[Pib]

13 hours ago, Sweet Swede said:

Easy to get 1%, when almost nobody report that  they are unemployd.

Yeap...that's the answer.   While some Thais go to the unemployment office to register as unemployed in hopes of benefits (few to none) and a finding a job many do not and/or fall off the unemployed rolls after a few months because they do not keep the unemployed office informed they still don't have a job. 

 

Once they stop reporting to the unemployed office the govt then takes them off the unemployed roll---great for low unemployment stats....almost everyone in Thailand  is gainfully employed if you believe Thai govt stats regarding employment.

[rickudon]

On 4/30/2023 at 11:03 PM, webfact said:

The National Statistical Office of Thailand reported that the figure covers 58.81 million Thai citizens aged 15 and above, but excludes housewives, people with disabilities and students, among others.

This is farcical. Thai population is only 70 million (about) so there are less than 11 million under the age of 15, students, housewives, disabled people and 'others' (presumably including old age pensioners?).  Very dubious.

[spidermike007]

Yes, and my body fat is down to 3.5%, my net worth is up to $78 million, the air quality improves every year, and I have an investment for you that returns 45% annually. Guaranteed. 

 

Yeah, right. Believe anything these guys tell you, at your own peril. Likely closer to 13%.

[spidermike007]

Wow, 1%. So very impressive. Prayuth should not only be re-elected, he should be made PM for life. 

 

 

[zzaa09]

3 hours ago, spidermike007 said:

Wow, 1%. So very impressive. Prayuth should not only be re-elected, he should be made PM for life. 

 

 

Don't give 'em any ideas. 

We should already expect something unexpected in couple of weeks......or soon after.

[delgarcon]

What about the sex workers? they're classified as unemployed, surely. They don't do much anyway apart from laying on their backs with their legs open!

[jacko45k]

15 hours ago, delgarcon said:

What about the sex workers? they're classified as unemployed, surely. They don't do much anyway apart from laying on their backs with their legs open!

You are being short changed.