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Wednesday, April 24, 2024

Employment situation seen improving in first quarter

The unemployment situation in the first quarter is likely to improve boosted by healthy export growth and a gradual recovery of the tourism sector, according to the Employers’ Confederation of Thai Trade and Industry.

Tanit Sorat, the confederation’s vice-chairman, said the latest statistics show that the number of employees who registered for the Social Security Act’s Section 33 rose in the first two months of the year.

He cited a Labour Ministry report which revealed workers who register under the Section 33 of the Social Security Act in January totalled 11.13 million, up by 0.7% from 11.05 million in the same month of last year, with the figures amounting to 11.19 million in February, up by 0.81% from the same period last year.

According to Mr Tanit, Thailand’s unemployment was believed to hit the lowest in October 2021 and slightly improved since December last…

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