Thai Q2 Employment Growth Slows Amid Weaker Exports and investments


Thailand’s employment in the second quarter rose 1.7% from a year earlier, slowing from a 2.4% increase in the previous three months, the state planning agency said on Monday, as economic growth slowed.

Southeast Asia’s second-largest economy grew 1.8% in the April-June period year-on-year and 0.2% quarter-on-quarter, slowing sharply from the first quarter as weaker exports and investment undercut tourism strength.

The National Economic and Social Development Council (NESDC) said in a statement that Thailand’s jobless rate was at 1.06% in the April-June period versus 1.05% in January-March.

It noted that the jobs growth was mainly in the tourism and construction sectors.

According to the NESDC, Thailand had a workforce of 39.7 million in the second quarter of 2023.

The preceding is a press release from the Thai Government PR Department.

Goongnang Suksawat
Goong Nang is a News Translator who has worked professionally for multiple news organizations in Thailand for many years and has worked with The Pattaya News for more than four years. Specializes primarily in local news for Phuket, Pattaya, and also some national news, with emphasis on translation between Thai to English and working as an intermediary between reporters and English-speaking writers. Originally from Nakhon Si Thammarat, but lives in Phuket and Krabi except when commuting between the three.