Thailand Unemployment Rate - Forecast

Unemployment Rate in Thailand is expected to be 1.30 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.


Thailand Unemployment Rate
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Thailand Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 1.2 1.3 1.2 1.2 1.2 1.5
Employed Persons 37342 39576 37450 38900 37451 39500
Unemployed Persons 440 418 464 380 461 458
Job Vacancies 29626 33100 34066 32000 33919 42022
Wages 13721 13800 14000 14310 14350 14800
Wages in Manufacturing 12594 12670 12820 13190 12672 13770
Minimum Wages 325 308 308 308 308 315
Population 66.19 66.39 66.46 66.54 66.62 67.45
Youth Unemployment Rate 5.2 5.3 4.35 4.3 4.34 4.8
Labour Costs 93.29 104 95.93 101 93.23 104
Productivity 119 116 114 110 119 111