Research shows most people fear that the inflationary situation will continue for more than a year. (photo by @helloimnik)

Is Thailand facing the risk of stagflation?

Amid the rising cost of living and uncertain economic prospects, more people are starting to talk about the risk of stagflation, a scenario marked by high inflation and high unemployment…

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Jack TAYLOR / AFP

Record 870,000 Thais unemployed in Q3 2021, household debt surges 5% – NESDC

Impacted by COVID-19 lockdown measures, about 870,000 Thais were jobless during the third quarter of this year, a record high, with college and university graduates accounting for 3.63%. Meanwhile, household…

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Economic recovery hinges on whether relaxation of lockdown is sustainable

The government has started to ease some lockdown restrictions from September 1. Department stores have been allowed to reopen most of their services after being closed for a month. Restaurants…

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Thai research body predicts a million jobless by year end if pandemic persists

Thailand’s economic think-tank, the Thailand Development Research Institute (TDRI), predicts that the number of unemployed in the kingdom will reach one million by the end of this year, if the…

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Global shipping industry faces labor shortage amid India COVID-19 surge

The global shipping industry is facing a severe labor shortage amid travel restrictions sparked by the COVID-19 surge in India which provides 14.6 percent of international seafarers to the sector,…

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Thai PBS vaccination centre hires temporary staff amid high unemployment

Unemployment remains a major issue during the COVID-19 pandemic. A number of public enterprises are helping out by hiring people, who have lost their job or income, and new graduates…

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A motorcycle taxi driver leaving his home in Bangkok. (Photo by Romeo GACAD / AFP)

Pandemic plunges 100 million more workers into poverty: UN

The pandemic has pushed over 100 million more workers into poverty after working hours plummeted and access to good quality jobs evaporated, according to the annual World Employment and Social…

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