Thailand unemployment rate in October is 0.6 per cent

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Thailand’s unemployment rate in October was at 0.6 per cent of the total workforce or about 230,000 persons.

Viboondhat Sudhantanakit, director-general of the National Statistical Office, said that the work force in the labour market in October stood at 38.39 million persons, of whom 38 million are employed, 237,000 persons unemployed, and 13,000 persons waiting for the next employment season.

Most of the employment was in non-agricultural sectors with 25 million persons while those employed in agriculture sector were 12.8 million persons.

As of October, the unemployment rate is 0.6 per cent of total workforce, or 230,000 persons, an increase of 14,000 persons when compared with the same period last year.

Mr Viboondhat said among the unemployed, 90,000 persons were new graduates or have never entered the workforce, while most of the unemployed were university graduates–some 83,000 persons.

Thailand’s southern region, meanwhile, has the highest rate of unemployment at 0.8 per cent .