The unemployment rate in Thailand inched higher to 1.1 percent in November 2019 from 1 percent in the corresponding month of the previous year. The number of unemployed increased by 60.2 thousand from the prior year to 429.3 thousand people and the number of employed rose 0.55 thousand to 37.71 million. The activities which employed more people were agriculture (11.9 million), manufacturing (6.12 million), accommodation (2.8 million), and construction (2.15 percent). In October 2019, the jobless rate was lower at 0.9 percent.

Unemployment Rate in Thailand averaged 1.41 percent from 2001 until 2019, reaching an all time high of 5.73 percent in January of 2001 and a record low of 0.39 percent in November of 2012. This page provides the latest reported value for - Thailand Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Bank of Thailand

Unemployment Rate in Thailand is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Thailand to stand at 1.20 in 12 months time. In the long-term, the Thailand Unemployment Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.


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Thailand Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.90 5.73 0.39 2001 - 2019 percent Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-17 05:30 AM Aug 1% 1.1% 0.9%
2019-10-07 02:30 AM Sep 1% 1% 1%
2019-11-04 01:30 AM Oct 0.9% 1% 1.1%
2019-12-10 05:00 AM Nov 1.1% 0.9% 1.1%
2020-01-28 03:00 AM Dec 1.1% 1.0%


News Stream
2019-11-04
Thailand Jobless Rate Edges Down to 0.9% in October
The unemployment rate in Thailand inched lower to 0.9 percent in October 2019 from 1 percent in the corresponding month of the previous year. The number of unemployed fell by 29.2 thousand from the prior year to 354.7 thousand people and the number of employed declined 0.6 thousand to 36.99 million. The activities which employed more people were agriculture (11.15 million), manufacturing (6.49 million), and accommodation (6.17 million). In September 2019, the jobless rate was higher at 1 percent.

2019-10-07
Thailand Jobless Rate Unchanged at 1%
The unemployment rate in Thailand came in at 1 percent in September 2019, the same pace as in the corresponding month of the previous year. The number of unemployed fell by 12 thousand from the prior year to 385 thousand people and the number of employed declined 0.74 thousand to 37.21 million. The activities which employed more people were agriculture (13.02 million), manufacturing (5.93 million), accommodation (2.68 million), construction (1.97 million), and public administration (1.42 million). In August 2019, the jobless rate was also at 1.1 percent.

2019-09-17
Thailand Jobless Rate Unchanged at 1% in August
The unemployment rate in Thailand came in at 1 percent in August 2019, the same pace as in the corresponding month of the previous year. The number of unemployed fell by 21 thousand from the prior year to 382 thousand people and the number of employed declined 0.67 thousand to 37.62 million. The activities which employed more people were agriculture (12.33 million), manufacturing (6.15 million), accommodation (5.92 million), construction (2.87 million), and public administration (2.09 million). In July 2019, the jobless rate was higher at 1.1 percent.

2019-08-06
Thailand Jobless Rate Inches Higher to 1.1% in July
The unemployment rate in Thailand ticked up to 1.1 percent to 1.1 percent in July 2019 from 1 percent in the corresponding month the preceding year. The number of unemployed increased by 54 thousand from the prior year to 436 thousand people, while the number of employed rose 1 thousand to 37.62 million. The activities which employed more people were agriculture (11.95 million), wholesale (8.17 million), manufacturing (5.89 million), accommodation (3.17 million) and construction (2.01 million). In June 2019, the jobless rate was lower at 0.9 percent.

2019-07-08
Thailand Jobless Rate Falls to 0.9% in June
The unemployment rate in Thailand dropped to 0.9 percent in June 2019 from 1.1 percent in the corresponding month of the preceding year. The number of unemployed decreased by 63 thousand from the prior year to 363 thousand people, while the number of employed rose 10 thousand to 37.38 million. The activities which employed more people were agriculture (13.18 million), manufacturing (6.20 million), wholesale (6.03 million), accommodation (2.64 million) and construction (2.23 million). In May 2019, the jobless rate was higher at 1.1 percent.

2019-06-18
Thailand Jobless Rate Edges Up to 1.1% in May
The unemployment rate in Thailand inched higher to 1.1 percent in May 2019 from 1.0 percent in the corresponding month of the preceding year. The number of unemployed increased by 24 thousand from the prior year to 426 thousand people, while the number of employed fell by 330 thousand to 37.64 million. The activities which employed more people were agriculture (10.83 million), manufacturing (6.51 million), wholesale (6.41 million), accommodation (3.05 million) and construction (2.35 million). In April 2019, the jobless rate was at 1.0 percent.


Thailand Unemployment Rate
In Thailand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Thailand Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.10 0.90 5.73 0.39 percent [+]
Employed Persons 37712.20 36997.40 39973.11 30376.71 Thousand [+]
Unemployed Persons 429.30 354.70 1923.25 157.58 Thousand [+]
Job Vacancies 21224.00 18351.00 115636.00 12620.00 [+]
Wages 14334.21 14353.55 14353.55 6344.00 THB/Month [+]
Wages in Manufacturing 13290.80 13080.00 13290.80 5516.00 THB/Month [+]
Minimum Wages 325.00 305.00 325.00 12.00 THB/Day [+]
Population 66.41 66.19 66.41 27.36 Million [+]
Youth Unemployment Rate 5.40 5.30 7.00 2.50 percent [+]
Labour Costs 97.14 93.69 110.42 88.61 points [+]
Productivity 118.17 119.90 141.30 92.90 points [+]