71796
More Thai Graduates Jobless
More Thai Graduates Jobless

More Thai Graduates Jobless

More Thai Graduates Jobless

The unemployment rate among new graduates spiked in the second quarter of this year despite the acceleration of Thai economic growth, thainews reported. The unemployment rate slightly increased to 1.2%, up from 1.1% in the same period last year, with a total of 470,000 unemployed workers, said Porametee Vimolsiri, secretary-general of the National Economic and Social Development Board on Monday. “The unemployment rate spiked to 24.1% among those who have never been employed before, as it was the graduation season and there was large influx of new graduates entering the labor market,” said Porametee. It is estimated that some 39% of unemployed people had university degrees, according to the NESDB. Porametee said that it is normal for this group to experience a high rate of unemployment in the second and third quarters each year. The rate declines as the fourth quarter approaches. NESDB figures, however, reveal that unemployment has been trending up among this group between 2013 and 2016.

 

Short URL : https://goo.gl/q3iAL7
  1. https://goo.gl/25EY6X
  • https://goo.gl/Wq7MtP
  • https://goo.gl/yb84W1
  • https://goo.gl/g5xmRy
  • https://goo.gl/qJBFti

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus