Your question: What is the unemployment rate in Thailand?

The unemployment rate jumped to 2.25% in the September quarter, representing 870,000 workers without jobs, from 1.89% in the previous three months, the agency said in a statement.

What is the unemployment rate in Thailand 2020?

The unemployment rate in Thailand reached 1.02 percent in 2020, a small increase from the previous year. Most of Thailand’s population is of working age and employed.

What is Thailand’s unemployment rate 2021?

23 (Xinhua) — Thailand’s unemployment rate jumped to 2.25 percent in the third quarter of this year, hitting the highest level since the start of the COVID-19 pandemic, according to a report released by the National Economic and Social Development Council (NESDC).

What country has the highest unemployment rate 2020?

Here are the 10 countries with the highest rates of unemployment:

  • Burkina Faso (77.00%)
  • Syria (50.00%)
  • Senegal (48.00%)
  • Haiti (40.60%)
  • Kenya (40.00%)
  • Djibouti (40.00%)
  • Republic of the Congo (36.00%)
  • Marshall Islands (36.00%)

What country has highest unemployment?

In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.

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What is the poverty rate in Thailand?

Thailand poverty rate for 2019 was 6.20%, a 2.2% decline from 2018. Thailand poverty rate for 2018 was 8.40%, a 0.8% increase from 2017. Thailand poverty rate for 2017 was 7.60%, a 0.6% decline from 2016.

What causes unemployment in Thailand?

Low unemployment (below 1% since 2011) due to low birth rate, lack of social insurance & informal sector with 64% of workforce (street vendors, motorbike taxis, self-employed).

What is the main income of Thailand?

The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country’s gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank.

Is Thailand a poor country?

With the second-largest economy in Southeast Asia, Thailand is a relatively wealthy country. … Though Thailand’s poverty rate has decreased by 65% since 1988, impoverished living conditions are still a pressing issue in the country. The poverty rate fluctuates and currently, it is on the uprise.

Is Thailand a third world country?

The “Second World” countries were the Communist Bloc countries, including the Soviet Union, China, and their allies.

Third World Countries 2021.

Country Human Development Index 2021 Population
China 0.752 1,444,216,107
Algeria 0.754 44,616,624
Armenia 0.755 2,968,127
Thailand 0.755 69,950,850

Why does Thailand have such a low unemployment rate?

Why is Thailand’s unemployment rate so low? – Quora. Their minimum wage in Thailand is about $10 a day (not an hour), and the employer does not have to pay things such as Social Security tax. Far more people in Thailand seem to be at the minimum wage than in the West.

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What is China’s unemployment rate?

In 2020, the rate of registered unemployment in urban areas of China increased to about 4.2 percent due to the COVID-19 pandemic.

Unemployment rate in urban China from 2010 to 2020 with forecasts until 2026.

Characteristic Unemployment rate
2020 4.24%
2019 3.62%
2018 3.8%
2017 3.9%

Which country has the highest employment rate 2021?

The Netherlands had the highest employment rate among European Union countries as of the first quarter of 2021, at 79.2 percent, followed by Germany, which had an employment rate of 74.9 percent. Greece reported the lowest employment rate in this quarter at 52.7 percent.

Which country in Asia has the highest unemployment rate?

In 2020, the unemployment rate in Afghanistan amounted to 11.73 percent of the labor force. In comparison, the unemployment rate in Cambodia amounted to 0.31 percent of the total labor force in 2020.

Unemployment rate in Asia Pacific in 2020, by country.

Characteristic Unemployment rate

What percentage of Australia is unemployed?

This statistics presents the unemployment rate in Australia from 2016 to 2020, with projections up until 2026. Unemployment occurs when people are without work, it is also known as joblessness.

Australia: Unemployment rate from 2016 to 2026*

Characteristic Unemployment rate
2020 6.49%
2019 5.16%
2018 5.3%
2017 5.59%