Thailand Unemployment Rate - Forecast

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 1.10 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 1 1 1.2 1.1 1.1 1.5
Employed Persons 37966 37565 38900 37556 37558 39500
Unemployed Persons 402 397 395 407 408 458
Job Vacancies 45423 35385 32000 36031 36068 42022
Wages 13721 14000 14310 14350 13873 14800
Wages in Manufacturing 12594 12820 13190 12720 12742 13770
Minimum Wages 325 325 325 334 334 345
Population 66.19 66.5 66.5 66.9 66.9 68
Youth Unemployment Rate 5.2 4.4 4.4 4.5 4.5 4.8
Labour Costs 93.29 95.9 101 93.2 95.2 104
Productivity 124 117 110 123 120 111