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Tuesday, April 30, 2024

3 months to stave off job fallout

Federation of Thai Industries chairman and JSCCIB member Supant Mongkolsuthree

The government has been given three months to contain infections to prevent unemployment from skyrocketing countrywide as the latest outbreak prompts the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to downgrade its economic outlook, with only 1.5-3.5% growth this year.

Federation of Thai Industries (FTI) chairman and JSCCIB member Supant Mongkolsuthree voiced the concern as, according to the Labour Ministry, over 100,000 employees have lost their jobs or been suspended from work, following the closure of more than 6,000 businesses in 28 red-zone provinces.

New infections found at a canned food factory yesterday will also cause fresh concerns over food safety, denting consumers’ confidence and affecting…

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