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Thailand Faces Alarming Graduate Unemployment, 65% Struggle to Find Jobs
Thailand's unemployment rate is painting a worrying picture for university graduates, with 65% unable to secure jobs. Long-term unemployment climbed by 16.2%, while a significant 71.3% of the unemployed have never held a job before, according to Danucha Pichayanan, Secretary-General of the National Economic and Social Development Council (NESDC). The data, covering the third quarter of 2024, shows an employment landscape that, while stable, is fraught with challenges. Despite having approximately 40 million people employed, this marks a slight drop of 0.1% from the previous year. The overall unemployment rate rose slightly to 1.02% from 0.99% in the previous quarter. Currently, the number of unemployed individuals averages 414,000, which is lower than the previous quarter's 429,000 but higher than the 401,000 from the same quarter last year. When looking at educational levels, those with university degrees are hit the hardest, followed by high school and middle school graduates. Long-term unemployment, defined as being out of work for over a year, now affects 81,000 people, with 65% citing their main challenge as finding work. Alarmingly, nearly three-quarters of this group are young adults aged 20 to 29. In the formal sector, the unemployment rate dropped to 1.82% from 1.93% last year. There are 74,000 individuals receiving unemployment benefits, with over 95% from the manufacturing sector. Danucha emphasized that while the job market is stable, the struggles of graduates point to a need for targeted actions. Resolving unemployment issues requires a combined effort, involving educational reform, skill development, and industry partnerships. The high unemployment among university graduates is particularly concerning, highlighting a mismatch between educational outcomes and job market demands. The rise in long-term unemployment underscores ongoing obstacles for young job seekers, who find it difficult to secure appropriate roles in a shifting economy. This report comes amid broader economic challenges and prompts questions about the current job creation strategies' effectiveness and whether reforms in education or vocational training are needed to better align with industry demands. File photo for reference only -- 2024-11-26 -
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Boy 7 killed by Thai mother rocks quiet Welsh town
1.2m homes sometimes come with mortgages. -
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Help needed with one question about UK frozen state pension.
Looks like I'm good to go, thanks again! " We require a photo identity, and you can use either your passport or driving licence for this. For the address proof if you do not have a utility bill, then a bank statement is absolutely fine. We just need to see the address and date part (this is to be dated within the past 3 months)." -
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When Willful Ignorance is a Way of Life
30 odd answers, 6 or so suggest psychiatric disorders (I thought that moderation was putting a stop to that), at least another dozen of which were nothing more than abuse. Funnily enough, not one thought to tackle or heavens forbid refute the various points he made! This forum is broken. Perhaps a perfect metaphor for the mess which is US politics! -
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Plan B Countries - Any Advice or Ideas ?
Yes, I can see how that would cause problems for transfers etc. -
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National Insurance Hike Threatens Care Home Stability Amid Budget Increases
Yet more crystal ball predictions. Although there are reports of. £100million increase in taxes on the parasitic gambling industry. I wonder what outrage and objections that will give rise to? -
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THAILAND LIVE Thailand Live Tuesday 26 November 2024
Kolkata Set for Winter Travel Boost with New Flights to Bangkok File photo for reference only International travel options from Kolkata are set to expand this winter as two major airlines increase their routes to Southeast Asia. Starting December 16, Thai Lion Air, known for its budget-friendly flights, will offer new direct service to Bangkok four times a week. The flights, connecting with Bangkok’s Don Mueang Airport, will operate on Mondays, Tuesdays, Thursdays, and Saturdays. They will leave Bangkok at 12:30 a.m., arriving in Kolkata at 1:35 a.m. local time. The return flight will depart Kolkata at 2:35 a.m., landing back in Bangkok at 6:35 a.m. Full Story: https://aseannow.com/topic/1344649-kolkata-set-for-winter-travel-boost-with-new-flights-to-bangkok/ -
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Oh look! Jack Smith has filed a motion to drop charges against Pres. Elect Donald Trump!
Trump’s a natural born criminal, always has been. It will be fun watching the country get looted by the Trump crime family and their associates. It will be like the Putin regime - it’s okay to extort, corrupt and engage in wide ranging malfeasance - just as long as a “tribute” is paid to the Big Guy. In the book “Putin’s People” by Catherine Belton she told a story about Putin being unhappy with an official he promoted because he was not on the take. He was unhappy he wasn’t stealing - which meant Putin wasn’t getting his share. The problem for these people is greed - they steal so much they can’t risk giving up power, because they are scared the assets will be taken off them once their power is gone. So they have to stay in power forever. Will be interesting to see whether Trump seeks a 3rd term, with the help of the bought and paid for Supreme Court. And when it happens all the MAGA morons will be on here defending the move.
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