Thailand Unemployment Rate  Forecast


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Unemployment Rate in Thailand is expected to be 1.40 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 1.30 in 12 months time. In the long-term, the Thailand Unemployment Rate is projected to trend around 2.20 percent in 2020, according to our econometric models.


Thailand Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 1.2 1.4 1.5 1.6 1.3 2.2
Employed Persons 37786 38700 38200 39576 37560 39500
Unemployed Persons 443 350 418 418 495 458
Job Vacancies 30356 38468 33100 33100 40277 42022
Wages 13878 14200 14100 14200 13457 14800
Wages in Manufacturing 12188 12850 12320 12670 12820 13770
Minimum Wages 305 305 340 340 304 420
Population 65.93 66.2 66.26 66.33 66.4 66.75
Labour Costs 99.99 103 104 104 99.79 104
Productivity 111 109 116 116 112 111
Youth Unemployment Rate 5.2 3.8 5.3 5.3 4.37 4.8